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Tax, SDIRAs & Cost Segregation

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Daniel Hornsby
  • Real Estate Agent
  • Madison Heights, MI
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58
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DBA vs LLC as a Wholesaler

Daniel Hornsby
  • Real Estate Agent
  • Madison Heights, MI
Posted Feb 20 2013, 16:43

Hey BP comrades!

I just wanted everyone's opinion on this subject as it is one that I have been struggling with for some time. It seems to be about 50/50 from what I'm reading, but, why? What does a DBA do that an LLC doesn't or vice versa? What kind of tax advantages are there for a DBA that an LLC doesn't give or vice versa? I only want to know because I will be sending out my first batch of mailers very soon and I want to be as professional in appearance as possible.

Any little tid-bits "that nobody tells you till its too late" (if any) would be great.

I tried searching for another thread on this topic but I couldn't find anything. Please direct me to it if there is one.

Thanks in advance!

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