Becca Flim
Business Bank Account vs Personal Bank Account
Hey BP community!
We are in the process of purchasing our first rental property in PA and looking at opening up a separate bank account in order to track our expenses. At this time we are not looking at setting up a...
Tyrus Hampton
Banking Accounts / Checking Accounts
hey, what's the best setup for bank accounts for rentals? I do know some people suggest having multi checking accounts for long rental properties. What do you all suggest is the easiest and more effective setup?
Mark Gruetzmacher
Bank Accounts / Checking Accounts
What is the best way to setup up bank accounts for rentals. I have my main personal account. I also have another bank account at a different bank just for closer convenience. I have a 3rd bank that I just opened up...
Chris Battle
Bank Accounts
Hi allI currently have a US bank account, but the branch is being sold to another bank, who seem willing to take over my account. However, the existing bank will not let me transfer the account to another branch withi...
Shawn Thomas
Bank Account setup (multiple accounts)
I plan on owning multiple investment rental properties. I know for each you should at least have it’s own operating & reserve account.However, do you create a bank account that I guess oversees all the specific op...
Gerhard Listander
Bank Account Problem
I'm having a hard time trying to find a bank that I can open a business account with online. I'm currently overseas with limited ways to communicate with others besides email. I think I can open another personal check...
Dennis Kelly
Separate bank accounts
I'm curious about a financial decision to make . My real estate investing is not a business , I just use all my left over cash for my deals and expenses . Do you recommend keeping a separate bank account for all my re...
Jake Burgdorf
Bank Account Question
I'm purchasing a property with a partner and this is our first deal together. What are your suggestions/experiences with opening an account? Should we have one together? How does this work come tax time?
Luke Carl
Separate Bank Accounts?
Right now I have 2 vacation rentals and one long term rental. Each has a separate bank account. After some research I've decided to consolidate. Should I put all 3 houses in one checking account (mortgages maintenance...
Chukwudi Motanya
Multiple Bank Accounts
Hello Bigger Pockets,I just got my 2nd house a few weeks ago and now trying to get the business management side of the process settled. I wanted to ask, for investors with multiple properties, do you keep a separate b...