Can I use my RE ivestment LLC for my realtor business as well?

[Kay Kim]

Hello, BP families,

I do have a multi-member LLC for RE investment properties. Now that I am starting a REALTOR business, can I use the LLC for my realtor business?

[Kevin Sobilo]

@Kay Kim, why do you think this would make sense to mix real estate investment with a new real estate brokerage?

Do all of your existing partners want to open this new brokerage? Keep in mind that opens the equity in the properties to judgments from the brokerage. With an active business like a brokerage where you will be supervising a bunch of agents there is more chance of being sued at some point.