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Updated over 7 years ago on . Most recent reply

User Stats

21
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11
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Matt Loeffler
  • Investor
  • Roseville, CA
11
Votes |
21
Posts

Is it safe to use my LLC for another business for RE

Matt Loeffler
  • Investor
  • Roseville, CA
Posted

Hi Everybody, 

I'm getting my business plan together to start my investing career. I know there are advantages to holding properties in an LLC. I already have a single-member LLC for a small ecommerce business that I own. Is it safe/legal to use that LLC for my real estate ventures as well? I know that the liability from each business focus could put the other in jeopardy but I'd be ok with that for now since both are small. If I can use the same LLC, can I hold property in a DBA name?

Thanks in advance for any guidance!

Matt

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