Best Banks for STR LLCs/Businesses?
Hello! About to create an LLC and purchase my first STR - curious what banks people use?
Per Avery Carl's book "Short Term Rental, Long Term Wealth," I plan to set up the following bank accounts:
| Set Up Revenue Bank Account (22%) |
| Set Up Taxes Bank Account (30%) |
| Set Up CapEx Bank Account (3%) |
| Set Up Cash Reserves. Bank Account (20%, until 6 months’ worth of reserves) |
| Set Up Profit Bank Account (25%) |