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Updated about 13 years ago on . Most recent reply presented by

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Josh P.
  • Real Estate Investor
  • San Pedro , CA
8
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51
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What f I have multiple LLC's for different properties and want to operate under the same DBA ?

Josh P.
  • Real Estate Investor
  • San Pedro , CA
Posted

I have a name in mind that I would like to use for branding of my corporate rentals. If I have a few properties in each LLC, can I have the same DBA so that all my tenants put the same name on their rent checks?

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Dion DePaoli
  • Real Estate Broker
  • Northwest Indiana, IN
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Dion DePaoli
  • Real Estate Broker
  • Northwest Indiana, IN
Replied

You can roll your all of the companies into one Fictitious Name (DBA). Keep in mind that is still just a name and not a new entity. You would want to make sure you have controls in place to definitively keep each of the assets and liabilities separate for each underlying entity.

Another concept you might think of is actually opening the company as a legal entity with your desired name and then turn that company into the parent company and manager of all of subsidiary companies consolidating up into the parent. Chat with a tax guy about the tax benefits. Administratively this might be a little easier to keep track of since it will be the actual entity.

  • Dion DePaoli
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