Do You Use A Personal Name or Have An LLC For Business Transaction?

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Brian Lauchner:

Well, I know, we're wrapping up the show here, but I wanted to go ahead and ask a couple more questions. We can fit it into time here. Kevin asks, when you broke her notes for cash today, do you use a personal name or an LLC for the transaction, that kind of stuff? Let me just start before we even dig into it and say, nothing we say is going to be legal advice. I'm not an attorney, Eddie and Martha, aren't going to claim to be attorneys. But you know, Eddie, if you want to speak to this I think that every investor knows you really don't want to ever do anything in your personal name, if you can get away from it.

Brian Lauchner:

But in any insight you'd like to have for Kevin.

Eddie Speed:

Yeah. Probably if you could operate in an LLC, that would be best. You could probably have a, if you just had your first deal or two, and you just wanted to do a DBA you're doing business as, you could start there and then you probably could morph into an LLC. Once you make a little money, you think that's fair?

Brian Lauchner:

I love it