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So if I dont have an LLC yet (i will eventually) and I have 3 rental properties, do I create a whole new bank account for each property? Or make 3 virtual accounts in my one bank account? If I have one main account and three virtual accounts for each property that is confusing with having to have a security deposit account for each property. So its a whole bunch of unorganized virtual accounts in my main account. But should I make a main account for each property? Then that way have a virtual account for securirty deposit etc?
www.empoweredinvestor.com/ Join a community of income property investors laden with high-level knowledge of investing’s best practices. Experience is the best teacher in life and we have some of the most experienced income property investors in the game.
empoweredinvestorlive.com/
THE ULTIMATE INVESTOR'S VOYAGE: MASTER MONEY ON THE HIGH SEAS
COLLABORATE, LEARN & PROSPER WITH EMPOWERED INVESTORS
Set sail on a transformative journey that combines luxury, networking & top-tier investing education. Learn strategies, connect with seasoned investors and explore breathtaking destinations.
Enjoy it all on our 5-day cruise for Empowered Investors
fireyourmanagers.com/
Discover The Step-by-Step Training For Mastering Lease Options and ...
Significantly Increase Your Cash Flow and Equity- In The Next 6 Weeks!
Hi Good morning. How can I use the virtual card if I am in person in the Home Depot store?
Home Depot staff might be able to manually enter your cards details. You can also use the physical card.
So if I dont have an LLC yet (i will eventually) and I have 3 rental properties, do I create a whole new bank account for each property? Or make 3 virtual accounts in my one bank account?
If I have one main account and three virtual accounts for each property that is confusing with having to have a security deposit account for each property. So its a whole bunch of unorganized virtual accounts in my main account. But should I make a main account for each property? Then that way have a virtual account for securirty deposit etc?
can I rent out rooms in my house using this app if that makes sense?
Not an expert but I rent to my son. Made him sign a lease, pay via Baselane. Makes me able to write stuff off as well. :)
It's a banking app. that does rentals too.
This doesn’t seem valuable when there plenty of prop management softwares out there
Are there prop management software out there that manage bank accounts and do book keeping for you?
@@ilm_seeker exactly, banking is easy. Property management is pretty easy too. Bookkeeping and any of the others...no easy at all.