Should you open up a separate bank account from your personal when investing in residential real estate?
I will be closing on my first rental property at the beginning of November, and the purchase was made with two partners. We have talked about the possibility of forming an LLC, but are leaning towards not forming one....
Is it best to start investing with a business bank account or can I use my personal bank account with multiple checking and savings accounts?
I am filling out an application for a business account with my current bank right now and it just occurred to me that perhaps I should set it up at another bank. Is there anything wrong with having your personal acco...
I’ve always had this concern do u need a business account bank account or you can use your personal account bank to do real estate investing. Do u need a create a different account if u put a property under an entity?
Personal finance doesn’t have to be complicated. Saving, investing, and retiring early shouldn’t be a stumbling path to wealth, but many Americans feel this way. So, to clear up some of the money misconceptions, we’re...
Looking for a local CPA in Columbia SC
Howdy all,I'm looking for suggestions on software to keep my personal finances in order.My rental accounting sits within a property management system (Rentec). It only really does income and expense reporting, no bala...
I am in the process of closing on a duplex here soon, also inheriting a tenant so I'm ready for that too, very excited/nervous, I am ready for the ups and downs of managing rentals.But I was wondering if anyone knew i...
Hello, Im starting my first house hack here soon and im debating weather i should sign up for a buisness savings acccount or start a separate personal savings account for my tenants to pay rent to. (im using Avail fo...