We'll consult with an accountant but he hasnt gotten back to us, so i figure i'll ask for input from those who have experience in forming companies.
My bddy and I are going to get into the real estate investment area and also a mortgage brokerage company.
Should we form a "corporate" company and then have something under it like a subsidiary? Our funds to purchase foreclosure houses would come from the mortgage business so we would like to have that as the main business. though, if successfully we would like the real estate business to be a thing of its own. so, instead of paying fees to form two companies, is it possible to just run it under one name, but yet distinguish between the two entities?
DBA?
My bddy and I are going to get into the real estate investment area and also a mortgage brokerage company.
Should we form a "corporate" company and then have something under it like a subsidiary? Our funds to purchase foreclosure houses would come from the mortgage business so we would like to have that as the main business. though, if successfully we would like the real estate business to be a thing of its own. so, instead of paying fees to form two companies, is it possible to just run it under one name, but yet distinguish between the two entities?
DBA?