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Updated over 9 years ago,

User Stats

90
Posts
48
Votes
Brock Y.
  • Investor
  • Lake Villa, IL
48
Votes |
90
Posts

Similar Named LLCs Question

Brock Y.
  • Investor
  • Lake Villa, IL
Posted

I understand that you might run the risk of getting in trouble if you take on a very similar LLC name to a competitor in the same market space. That all makes sense to me but will I face any issues if I own multiple LLCs with similar names? Seems only I could sue myself or am I missing something?

Example: ABC Properties 1550 LLC and ABC Properties 4539 LLC

I have formed an LLC in the past but it didn't seem worth it but now I am getting into larger buildings and would like to start one up again. Ideally I would just like to use the same name, Ex. ABC Properties and just add the corresponding property's street number on the end, Ex ABC Properties 1550, LLC. There would be multiple ABC Properties LLCs only different by the number on the end. Possible?

Thanks