Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 13 years ago,
Wholesaling - Fees collected in your name or company?
I am new to wholesaling & starting my business, I fully intend to form a LLC for my real estate business which will include a rehab eventually. I know each deal will be different but until you have formed the LLC, can you collect the fees in your name only or is that simply not recommended? I can afford to set the LLC up if I do it online here in MA but since I want my LLC to serve a couple of purposes I would rather an attorney review it first which then I know I run into the higher costs. Thanks and I am enjoying all the posts - it's such valuable education!