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Updated about 5 years ago,
Wholesaling with no llc/scorp
Hi all,
Was just wondering about wholesaling without an llc/scorp. Is it ok to just use your name, and for how many wholesale transactions? I want to use profits for income first but I know taxes can be a pain (I'd like to avoid/minimize those as I have a lot of student debt I want to minimize before starting an official business). Any advice would be appreciated!
I'm currently working on partnering with someone for my first few deals, just so I can get used to the process, before tackling it all on my own so to speak. I don't have a business name idea yet (for my REI company) but I do have an idea of what I want it to represent. If you have advice on creating a professional name/brand let me know!