rental property
23
Nov/090
Nov/090
Rental Property?
I just recently put a home I’ve lived in for the past four (4) years on the market as a rental property. In doing my homework I understand record keeping is essential and am planning to open up a seperate checking or saving account, specifically for this rental property. Can anyone give me advice on how the account should be titled or is this really irrelevant. Would it be ok to have the account titled “My name – Rental Property”? Just curious. Thanks.
My husband and I have taken on rental properties and we also flip homes in our spare time. We actually started an L.L.C. to protect from lawsuites and such. We used our names.
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