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Updated about 7 years ago, 08/30/2017
Dedicated LLC for REI?
Good morning!!
I was wondering, do you have to have a dedicated LLC for REI? I know that buying RE under that LLC could cause problems down the line for obvious reasons (getting sued could affect the business, etc), but is there any other reason NOT to do it this way? Especially in the beginning?
I'm looking to get my first property sooner rather than later and already have an LLC that I formed for my multimedia company. Should I use it for REI or just create a new one?
Thanks!!