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Sunil Kurji
  • Rental Property Investor
  • Dallas, TX
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Joint Account for Future Rental Investment

Sunil Kurji
  • Rental Property Investor
  • Dallas, TX
Posted Dec 1 2021, 11:25

My partner and I are working on coming up with enough cash to start investing. We were thinking of creating a joint bank account which we can combine our cash together and use for future traditional rental properties as well as Airbnb/Verbo properties. Can anyone give advice on how we should go about doing this? Is there any benefit in creating a LLC and opening a business account and somehow deduct from our personal income for the amount we put into the business account? Any help and advice will be much appreciated. Thanks

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