Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Kaden Keller
0
Votes |
3
Posts

How to Best Utilize my LLC

Kaden Keller
Posted

I recently bought a rental property and I set up an LLC and a separate bank account for it. I rent to college girls and most of them want to pay via Venmo. I don't want to set up a business Venmo account and lose 2% of the total rent to their fee. Are there any that have a better way of doing things? Currently I have it set up that they Venmo my personal account and I transfer those funds to my LLC bank account. Any tips or suggestions?

Loading replies...