Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago on . Most recent reply

Bank Account Business Address
I'm setting up my first bank account for REI. I have my LLC. I went to create a bank account for the LLC. I was asked what kind of business - I said real estate investing. Several more questions later I was ask for the address of the investment property. They said that needs to go on the account as the place of business. Seems really odd to me. So now my account has the property address on it. Presumably if I add a couple more properties into the LLC they will want those addresses as well.
Is this the way an account should be created?
thanks!
Keith