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Updated over 6 years ago on . Most recent reply

User Stats

18
Posts
2
Votes
Donald Brinkley
  • Investor
  • Ellicott City, MD
2
Votes |
18
Posts

DBA vs new LLC Question

Donald Brinkley
  • Investor
  • Ellicott City, MD
Posted

I currently have an LLC which I used to rent a property for a couple of years that I sold last year. I have additional properties that I want to place in an LLC this year, however, the LLC name was extremely specific to the property and won't make sense for marketing these properties. So my question is, what should I do. Do I a) form a new LLC under a new more generic name and dissolve the current one or b) get a trade name/DBA for the new name under the current LLC?

I found lots of info online concerning LLC vs DBA, but nothing that considered if you already held an LLC. So wanted to get some of your opinions on the matter. Thanks in advance!

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