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12
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Brad Stein
  • Rental Property Investor
  • St Petersburg, FL
2
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12
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Florida Rental Deposit Accounts

Brad Stein
  • Rental Property Investor
  • St Petersburg, FL
Posted

For how I understand the statute in FL deposit monies must be kept in a separate account for each received and landlords are not to commingle these funds with any of their other funds (sect83.49). I simply read this as a separate deposit account for each deposit received. As we have grown our portfolio having a separate deposit account for each deposit does not seem efficient or feasible.

For those with 5+ doors in FL how do you handle deposits and the account they go into?

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