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All Forum Posts by: Molly Klima

Molly Klima has started 1 posts and replied 2 times.

Post: 2nd personal vs a business checking?

Molly KlimaPosted
  • Posts 2
  • Votes 0

Thanks guys. That article gives me hope. Business checking and eventual LLC it is

Post: 2nd personal vs a business checking?

Molly KlimaPosted
  • Posts 2
  • Votes 0

Newbie here. Trying to set things up before I purchase my first rental property. The due on sale clause after title transfer scares me so if I'm not using an LLC will opening a second separate personal checking and savings account at my current bank suffice for bookkeeping purposes or is it still preferable to open a business checking/savings account?