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Updated about 13 years ago on . Most recent reply

User Stats

29
Posts
2
Votes
Tivon J.
  • Accountant
  • Atlanta, GA
2
Votes |
29
Posts

DBA and EIN

Tivon J.
  • Accountant
  • Atlanta, GA
Posted

Happy New Year!

I am a newbie getting started in wholesaling. I plan to move on to rehab/flipping and rentals once I have completed some wholesale deals and feel comfortable with the process.

I am starting out wholesaling by using a DBA, but once I get into other RE investing, I plan to form a LLC. My question is, should I get an EIN to use with my DBA now? Would it be beneficial? Or, should I just wait until I form the LLC?

Once I form the LLC, I will still use the DBA, but I am going to switch it to the LLC instead of using it with my individual name.

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