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Updated over 3 years ago on . Most recent reply presented by

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28
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4
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Jeremy Lee
  • Milwaukee, WI
4
Votes |
28
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LLC for real estate and stock investing

Jeremy Lee
  • Milwaukee, WI
Posted

I am starting to expand my portfolio in real estate, I currently have a primary residence, a duplex, and closing on a SFH rental soon. I also want to invest in equity and futures market as well. Does anyone have any experience where they bought properties individually and moved to an LLC? Or they have an LLC with real estate under it AND invest under the LLC name? I would like to hear about the pros and cons of this strategy and if it is the right time to do so.

Most Popular Reply

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2,349
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887
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Bill Hampton
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
887
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2,349
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Bill Hampton
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
Replied

@Jeremy Lee, you cannot invest in real estate and stocks in the same LLC. That is considered comingling personal and business funds.

Buy the SFH in your name and transfer it to an LLC after purchase. If the bank calls the loan, which is unlikely, transfer it back to your name.

Buy your stocks through a brokerage firm. Do not use an LLC.

  • Bill Hampton
  • 404-482-3170
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Hampton Tax and Financial Services, LLC.
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