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Updated almost 5 years ago on . Most recent reply

User Stats

42
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13
Votes
Jess Archives
  • Rental Property Investor
13
Votes |
42
Posts

Can I use an LLC to do business if the property isn't under it?

Jess Archives
  • Rental Property Investor
Posted

For example, I want to use the LLC when I do business with property managers, contractors, opening bank accounts, accounting, cash flow, taxes etc; but at the same time the properties for the mentioned transactions are under another entity

Can you do business with an LLC even though the property is not under the LLC? Are there ramifications there?

(The house will not be under the LLC as to not trigger due on sale, as rarely as that may happen)

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