Updated almost 10 years ago on . Most recent reply
Do I need a DBA or LLC?
Looking to buy my first 4-plex. Do I really need a DBA, or since it's residential property can I just keep good records and have everything in my own name?
What if I buy the property in my name, and then get a DBA to run the property money through, is that okay since the property would be held in my name instead of the DBA?
thanks in advance
Most Popular Reply

if u are getting a dba then i take it you are going to be just doing a sole prop dba? if thats the case, its not gonna make a difference. u can use your personal ssn.
for liability purposes, i say close in your name and then deed it to an LLC. it will also be easier for you during tax time.