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

Michael Maloney's profile image
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Michael Maloney
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Oct 13, 2020
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12
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Michael Maloney's profile image
Michael Maloney's profile image
Michael Maloney
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Oct 13, 2020
Connect
Michael Maloney
  • Rental Property Investor
  • Indianapolis, IN
3
Votes |
12
Posts
Tax, SDIRAs & Cost Segregation

Can Unrelated Business be Used for Investing

Michael Maloney
  • Rental Property Investor
  • Indianapolis, IN
Posted

 I have a landscaping company that is registered as an LLC. As I am getting into real estate, I am curious to know if I can use this LLC to purchase properties unrelated to the landscaping business, or if I would have to open up a different LLC to do real estate. I am mostly looking to know if I would be breaking any laws by purchasing property through my LLC without being related to what the LLC actually does.

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