Same Business Entity For Flips and Short Term Rental- Tax Problem

[Wendy Vaidic]

Hello.

We bought a home to flip in our LLC, but we have decided to keep it as a short-term rental.

We do not have any active flips in the LLC at this time, but we have done many in the past and also sold a flip through the LLC this year.

Will this create tax problems if we stop flipping with the LLC and just keep the one long-term hold there?

Thanks!

Wendy