Hi All,
Just looking at getting my accounts in order following my first IP purchase. In order to easily keep track of IP income and expenses, is it generally best to have a separate bank account for investment purposes (for rent to be payed into and expenses to come out of)?
Any recommendations on how to best set ourselves up?
Cheers,
Jaz
Just looking at getting my accounts in order following my first IP purchase. In order to easily keep track of IP income and expenses, is it generally best to have a separate bank account for investment purposes (for rent to be payed into and expenses to come out of)?
Any recommendations on how to best set ourselves up?
Cheers,
Jaz