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Results (10000)
Amit C. Separate Bank Account for First Rental Activities
7 July 2018 | 10 replies

I have just selected first Renal property in Memphis and will be closing in 2-3 weeks. I will be opening new personal Saving account and will be adding initial money to that account from my personal checking account. ...

Cerise Goldberg Do I need a separate bank account
25 March 2021 | 21 replies

Hi, I just bought my first rental property. Do I need a separate bank account?

Ami Son Creating a separate bank account for rental.
17 August 2020 | 3 replies

Hello everyone! I am in the process of getting my first rental, a 4plex. I definitely would like to open a separate bank account for all income/expenses/deposits for the rental. Because I am such a beginner, even thou...

Kellen King Bank Recommendations for Business Checking/Credit Account
25 July 2018 | 5 replies

I am starting my new LLC in which I run Airbnb properties in a variety of ways:Owning property/placing on Airbnb Managing other peoples properties on Airbnb for a %Renting property/placing on AirbnbMy LLC has been cre...

Ryan Miller What do you recommend on bank accounts?
4 June 2017 | 10 replies

I currently have one rental property so obviously it's been easy to manage the financials. I only have one account. However I came across some money and I'm about to really grow my portfolio. My lender doesn't escrow ...

Amy Niederhauser LLC protection and bank accounts/ credit cards
30 July 2020 | 10 replies

Hey!!  {first time posting}... So, I have a handful of rental properties in my name and I'm in the process of transferring each of them into their own LLCs, and I was curious if I can use one bank account and one cred...

Lari A. Newly formed LLC (Question regarding bank account)
20 December 2015 | 7 replies

Hello BP Community,I'm a new investor who has just formed an LLC (sole member).  I haven't been able to set up a bank account for the LLC yet, and my question is this: if I purchase and assign a property under the LLC...

Tod Foltyn EIN only business bank account without ss#
20 October 2023 | 1 reply

Hi everyone, can someone help answer this question for me? I have a holding company LLC which is 100% owner of my subsidiary LLC. So my understanding is not 100% clear. So when it is said that you can open a business ...

Andrew M. How Many Bank Accounts for Series LLC?
9 March 2019 | 7 replies

This is regarding a series LLC in the great state of Texas, but I'd be interested in opinions from other states since I haven't come across any case law supporting an answer to this in Texas. I have a series LLC, each...

Josh Edelman Best Business Banking Account for an Agent?
27 April 2023 | 6 replies

I appreciate any input! I am also military and can get most fees waived. I currently use Chase and USAA for other businesses and personal. Looking to make a business account for me being an agent.