Goals, Business Plans & Entities
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
Is it safe to use my LLC for another business for RE
Hi Everybody,
I'm getting my business plan together to start my investing career. I know there are advantages to holding properties in an LLC. I already have a single-member LLC for a small ecommerce business that I own. Is it safe/legal to use that LLC for my real estate ventures as well? I know that the liability from each business focus could put the other in jeopardy but I'd be ok with that for now since both are small. If I can use the same LLC, can I hold property in a DBA name?
Thanks in advance for any guidance!
Matt