Hi, I plan to buy a small rental property in my name. But for the purposes of separating personal and business finances I want to file a DBA to create a business and open a business checking account to collect rent and pay expenses. This seems pretty normal.
I will NOT have a separate EIN for this business. It's a sole proprietorship. I've read enough messages on this forum that tells me I need to use Schedule E. However there's nowhere in Schedule E for me to put the business name. There is a place to put business name in Schedule C, but I should not be using Schedule C for rental properties.
Is this even an issue or am I overthinking about this? Just use Schedule E and put all the income/expenses from the business account into Schedule E as if everything is under my name and SSN?
Thanks.
