Should we set up one checking account per property?My husband and I purchased our small single family a few years ago. We are in the process of purchasing a duplex with additional rented storage space where we will mo...
How do you all deal with multiple bank accounts if you own multiple properties in different LLCs?Long story short, I am creating a New Mexico LLC to be the holding company and owner of children LLCs created in the sta...
As an owner, what options do I have regarding where my property manager tracks the rental revenues? I have an accountant so I'm curious if they are allowed to send all checks and invoices to them.
As an owner, can I...
I have a duplex that I plan on moving into an LLC. However this is my first rental(s) and was wondering what I should look for from banks when setting up a business account separate from my personal accounts?
Does anyone have a bank that they love for their business accounts? I need to find something!
If you own multiple properties, do you have a bank account for each of those properties? How do you keep track of the finances if you have a say a duplex with two different sides/doors of the house that has tenants co...
Hello all, I’m new to the Chattanooga area and am looking for bank suggestions for a business account (and personal possibly) that has low to zero fees and would work well with property managers from my out of state i...
Hey Everyone,I've been slowly accumulating properties over the last few years. Placing each property in its own LLC structured under my holding company.Each LLC has its own bank accounts to manage the income and expen...
Hello BP,My brother and I are starting our business together and just got our LLC established. I have a couple "getting started" questions about getting a business bank account that I would like opinions on. 1. Is ...
I'm about to open my first business accounts for general real estate investing (wholesaling, flipping, buy and hold, private investing). What are important factors to consider when comparing my options (especially tha...