I’m a brand new investor and this is my first post. Hopefully, within time I will be an active member on this site and become able to provide useful information to those who ask questions.
Anyway, my question is this: Do I need to register my business name($40 in Texas) even though I will not be setting up an entity(LLC-$400+) just yet.
I am entering the world of REI by wholesaling and since I will be assigning contract I have very little liability, if any at all. Once I build some capital and move into different areas of REI I will definitely setup an entity.
Until then, do I face any problems if I use my business name without officially registering that name with the SOS?
I know this is probably a stupid question but any input would be helpful.
Thanks! :beer :help