What are the benefits of having a Baselane Banking account?

Baselane Banking is built to significantly help streamline the financial management of investment properties. Benefits of Baselane Banking include:

Open as many business Checking and Savings accounts as needed for businesses (LLCs, Corp or Partnerships) or individuals (Sole Proprietors)
Open free Checking and Savings 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 a property or unit

Single-click bookkeeping with smart categorization to Schedule E and property tagging
Automated rent collection; receive rent payments directly into your Baselane Banking Checking account or an external bank. Note, that you can collect security deposits into a Baselane Banking Savings account or external bank
All the tools you need to control your cash flow, track your expenses, and understand your property performance

Baselane Banking has no monthly fees, no minimum deposit is needed and no fees on cash withdrawals or transfers
High yields with up to 3.56% APY (60x the national average) on all deposits (including security deposits!) on your Savings account
- See here, for more details on the APY and how it is calculated
Earn an unlimited 1% cash back on your Baselane Debit Card spend per calendar year - minus refunds and returns. Virtual cards are also eligible to earn Cash Back rewards!
Waived $2 convenience fee for processing ACH payments via Baselane's Rent Collection tool
Available one-time scheduled payments and recurring scheduled payments to third party recipients

We'd love for you to attend our live onboarding webinar. We will provide a product overview + deep dive on ALL Key Features.

Hope to see you there!

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