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Hello biggerpockets family, hoping to get some advice/ tips on how to go about collecting rent. I currently have them Zelle me to my personal bank amount but I’m Wondering if it’ll be easier to manage using a platform...
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Hi BP friends,
I have recently set up my single member LLC and opened a LLC bank account. I have questions with regards to funding my LLC Bank account. I have some cash in my personal bank account and some cash from...
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Hi BP family,Wanted to get insight from you guys on how you separate your LLC checking account and your personal account at the early stage of your business where basically the funding that goes to the LLC checking co...
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Hi BP community, I am trying to implement Profit First method, which suggests to open multiple accounts; tax account, operating cost account, profit account etc. I cannot find a bank that allows opening multiple check...
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Hi everyone! I've been a long time lurker and first time poster. This question has been on my mind lately and I hope someone can help clear things up.
Let's say I have a LLC established and I want to transf...
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I am researching some business basics before starting my LLC and was curious who everyone uses for business banking and why? I am getting into the mortgage note investing business specifically, but am curious to hear ...
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Does anyone have any recommendations on portfolio lenders/credit unions in NJ?
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Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...
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Is it best to start investing with a business bank account or can I use my personal bank account with multiple checking and savings accounts?
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I have rental income that is being deposited to my personal bank account. After establishing legal entities, I have created a business bank account and planning to divert all my rental income to new business account ...