I understand the importance in keeping personal and business bank accounts separate, but is there any advantage or disadvantage in keeping them in separate banks?

Hello, I'm about to close on my first rental property. I'm going the traditional 30 year lender mortgage on my personal name I'm not sure if they have a due on sale clause but lets assume they do and I can't move this...

Good morning BP!!! So I'm about to close on my first duplex and I wanted to know how I should set up my bank accounts to avoid issues come tax season? Any advice will be greatly appreciated.  Thanks!!

If I am renting a property of mine just under my personal name do I need to set up a separate bank account and pay the property loan, taxes, insurance etc out of that separate account? Or can i just pay everything out...

Hello BP Community! I will be closing on my second property in a month. Do you typically have a separate bank account for each property or do you have one main operating bank account? Thank you for your comments ! Allie

Any recommendations for business checking accounts for long term buy and hold LLC?

Hey folks, I have what should be a quick question. I currently have a bank account for just the business, but now that I've scaled the business I have an LLC, although the account isn't tied to the EIN yet. I have to ...

This is a new one for us.We received a notice from Flagstar stating that starting in January 2021 they will no longer be accepting mortgage payments from business accounts. We set up business accounts for each of our ...

Hey Yall, I was just wondering what banks yall were using for your Real estate investment LLC's? If someone can get back to me that'll be great!