Updated about 10 years ago on . Most recent reply
Setting up accounts
Hello BP! Thanks for taking the time!
We are just doing the beginning stages of setting up the rental portion of our business. How does everyone out there set up their accounts? This portion of our business will be strictly for rental properties (SFR and MFR). Following a podcast we watched we have a general idea of doing 1 checking account with 3 savings accounts (one for expenses, one for security deposits, and one for taxes and fees for example). Just wondering how others structure their accounts and what works best for them! Thanks!