Create a new entity for apartment building?

[Jay Y.]

Hi all,

I'm looking to purchase a small apartment building and was wonder if I should create a new entity to deed it into or should I simply use an existing one? I currently own a couple single family homes and they are deeded into a land trust and the beneficiary is my LLC. I'm wanting advice is to whether I should use my existing LLC or create a new one.

Thanks so much!