Do I need to have two different LLCs?
I want to set up a solo 401k (from my regular 401k) after I quit my job and go into real estate full time. I understand how to do this and that's not my question. However, I have personal savings outside of my 401k that I also would like to invest in real estate. I want an LLC (or something else?) to protect me personally in every situation.
So do I need to set up two different LLCs? One funded by my 401k and another funded by my own personal assets?
Would like to know more about self directed 401k under an LLC. Any insight on the topic would be wonderful, thanks.