LLC for flips and buy and holds; need 1 or 2?

Hi all

Hope everyone is having a great summer!

Quick question for any resident legal experts:

I have an LLC already. I started it as a general entity for investing 2 years ago but mainly use it right now for assignments and wholesaling.

If I wanted to buy and hold property would it cause a problem using this entity or should I have one for assignments/wholesaling, and one for buy and holds or can I keep the one and use it for both? I have read both sides of this argument and just wanted to see if anyone had a great answer from an attorney (I am in OH BTW) or other expert, etc.

Thanks and take care everyone!


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