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Updated over 1 year ago on . Most recent reply

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Do i need to open a LLC company before start to do wholesaling ?

Posted

I am newbie in Wholesaling and i want to start soon. In order to start contacting those land owners and builders , do I need to have any business license first ? 

Could I those those purchase agreements under my SSN personal number? 

any recommendation is appreciated .

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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@Lucero Cruz Narino I mean, you don't HAVE to form one...but I think everyone would recommend for you to create one.  Then you have a separate entity, separate bank accounts, and it will certainly be easier come tax time.  

  • Andrew Postell
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