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Updated about 13 years ago on . Most recent reply
DBA and EIN
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.