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Updated over 11 years ago on . Most recent reply

Christine Burns's profile image
Christine Burns's profile image
Christine Burns
  • Investor
  • from Austin, Texas
  • Member since Oct 14, 2013
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Christine Burns's profile image
Christine Burns's profile image
Christine Burns
  • Investor
  • from Austin, Texas
  • Member since Oct 14, 2013
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Christine Burns
  • Investor
  • Austin, TX
1
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3
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Rehabbing & House Flipping

DBA

Christine Burns
  • Investor
  • Austin, TX
Posted

Do I need a dba to put a contract on a house?

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Aaron Yates
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  • from Macomb, MI
  • Member since Jul 15, 2013
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Aaron Yates's profile image
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Aaron Yates
  • Investor
  • from Macomb, MI
  • Member since Jul 15, 2013
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Aaron Yates
  • Investor
  • Macomb, MI
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Aaron Yates
  • Investor
  • Macomb, MI
Replied
Originally posted by Christine Burns:
Do I need a dba to put a contract on a house?

@Christine Burns

, are you buying from a private seller or on the MLS? In either situation you can buy in your name. A DBA does not protect you in the event of a lawsuit. It just gives you a business name.

If you want to start a business, I recommend starting an LLC. You can do it yourself for about $50 online if I remember right. My accountant charges me $75. It will take you about 20 to 30 minutes. Then you can put your offer in using your LLC and if you buy it then you are protected personally.

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