security deposit management for multiple properties with proper separation
I'm managing 8 rental units, and keeping security deposits mixed with operating money feels wrong, both legally and ethically.
My state doesn't require a separate account for security deposits, but I want to do it right anyway.
How do landlords with multiple properties handle this? Do you use one account for all deposits, or do you separate them per property?
Also, I'm wondering about interest requirements and tracking.
Posted Mar 6, 2026, 3:40 PM UTC
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