Investor · Matawan, NJ · Member since 2015 · 111 posts · 29 votes
Hi All
Just want to ask if you are creating an LLC 123 Main St LLC for the purpose of either flipping the LLC and re-assigning it (Wholesale) or for fix and flip projects only for that particular property (Rehab). Do you always need EIN and open a new Bank account everytime you create this kind of 123 Main St LLC?
The structure we have
This 123 Main St LLC has two members
1. LLC>
2. Partner Indiviual
* There will be no employees for this 123 Main St LLC.