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Jade Stevens
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Rental Income and security deposit account

Jade Stevens
Posted Oct 9 2020, 22:19

What is the best way to set up rental income and security deposit account? I need to transfer rent money into my personal account as well to pay bills. Should I use the same bank or a different bank?. I just don't want the accounts to be mixed up if I used the same bank. Basically I need a place where it is easy to do accounting when tax season is here. 

I only have one rental . 

I am a new property manager! Thanks in advance for any help .

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