Ram Srinivasan
Bank Accounts for US Corporation and LLP - Columbus Market?
Hello guys,I am a foreign investor from Canada and looking to open a bank account for my US entities. Are there any suggestions? I need to be able to move money from US to Canada and vice versa if needed, and do so vi...
Joseph Young
Keep more $ in your bank accounts with this trick
I had trouble with minimum balance fees at my local bank and it was driving me nuts. With accounts at multiple banks and minimums different at each institution, I could never remember what the minimums were until I c...
Saran Mandhadapu
How to setup Holding and Subsidiary LLC bank accounts
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC. The idea is to buy rental property in the name of the subsidiary/operating LLC.I was...
Account Closed
Legal Set Up (Entities, Bank Accounts, Leases, Title, etc)
My set up has gotten a little out of control. Here is what I have:3 rental properties all with my personal name on title3 mortgages in my personal name (banks wouldn't lend to my LLC)3 Bank accounts (in my LLC's name)...
Chris Penny
Money pass through bank account and effect to refinancing
I have a bank account, called Bank A, that, for a specific reason, needs to have multiple money pass through. By that I mean I constantly need to move money from another account to this Bank A, then immediately wire t...
Account Closed
question about who owns and controls deposit bank account
Hi, have just purchased a 60 SFR portfolio.my question is:Do I allow prop management company to open and control bank account for deposits that I draw from(and they also have draw access) or do I open my own account a...
Rob Lee
Anyone Having Issues Connecting Rentredi to Business Bank Account?
Hi guys, I signed up about 3 weeks ago and no one can seem to help me get my Live Oak Business account connected to Rentredi. If you through the system, it's pretty easy and says to choose your bank and log in as norm...
Andrea S Menard
Marital property ownership in community property state
Hi! Newbie investor here.
I live in a community property state (TX) and purchased two homes while I was still single. I converted the first home into a long-term rental and moved in to the second property. My boyfrie...
David Stafford
Escrow Accounts for Rental Properties
Hi All,I'm looking to purchase a number of smallish rental properties and I'm curious as to the general consensus (or rules, as it were) to the incoming rental checks -- do I open an escrow (or simple checking) accoun...
Robert Granara
many properties held in separate trusts
i am creating several realty trusts to hold my rental properties (which currently stands at 5)...14 units in 5 properties
my other option would be to creat an LLC to hold the 5 properties...i cant imagine creating 5 ...