Jump to content
The forums have been archived and are now read only. Years of great info saved for your reading pleasure. Thank you! Visit us on Facebook: https://www.facebook.com/NakedInvestor/ ×
The Naked Investor Forums
TERREL

Starting out

Recommended Posts

Im just wondering do I have to get a business license and tax i.d.# to get started doing this stuff? And what about if I'm doing this in different states?

Share this post


Link to post
Share on other sites

Business license requirements are governed by local law. Ask your city hall officials this question.

 

If you are planning to operate as a sole proprietor, then your SSN is already your tax id. If you are planning to use a business entity, an EIN is not always required (depends upon the entity you plan to form and whether you will have paid employees) but will be issued if you ask.

 

No problem doing this stuff in different states. I suppose it will work everywhere (except where I live).

Share this post


Link to post
Share on other sites

×
×
  • Create New...