Wholesaling without a business?

1 Reply

@Donnie Wiseman ,

I am very strong on choosing to start a business as a business. If you're sure you want to do this, then you should do it right.  If you're not sure, perhaps hook up with an experienced wholesaler to get your feet wet.

I started an LLC on day one. They're not hard to do, and they're relatively inexpensive. It also tells you - and your prospective customers - that you're all in. You're making a commitment. There are also benefits both in taxes and in asset protection for doing that. Even the IRS looks at you in a different (better) light.