Business Entity Structuring

[Michael Sokolski]

As a business owner, I'm well aware of the importance of protecting personal assets by creating a business entity. Can I use my exiting LLC for Real Estate investing even though it was created with an entirely different business purpose? I currently own an IT consulting company which is a registered LLC in New York. As an aspiring Real Estate investor, I was wondering if I could use my company for any Real Estate deals rather than starting a new company altogether.

I know you shouldn't offer or accept legal advise here but was wondering if anyone had experience with this scenario.

Thanks.