Baselane Banking is built to significantly help streamline the financial management of investment properties. Benefits of Baselane Banking include:
Multiple banking accounts on one platform, with virtual accounts to keep expenses organized and funds separated:
Open as many banking accounts as needed for businesses (LLCs, Corp, or Partnerships) or individuals (Sole Proprietors) for free.
Open free Virtual Accounts whether you need a separate account for each unit or property, to separate savings for a future remodel, or simply to keep security deposits segregated.
Automate bookkeeping by auto-tagging all transactions of an account to property or unit.
Seamlessly integrated into financial tools for landlords & individual real estate investors:
Single-click bookkeeping with smart categorization to Schedule E and property tagging.
Automated rent collection; receive rent directly into your bank account.
All the tools you need to control your cash flow, track your expenses, and understand your property performance.
It’s a free and rewarding banking account:
Baselane banking is free, with no hidden fees! No fees on cash withdrawals or transfers. No minimum deposit is needed.
High-yields (80x the national average) on all deposits (yes - this includes security deposits!).
Earn up to 5% cash back on the first $5,000 of home improvement spend on your Baselane Debit Card per calendar year, and unlimited 1% cash back on all other debit card spend - minus refunds and returns.
If you would like to learn more about how Baselane Banking can help you, schedule a demo here.