Legal Question in Business Law in Florida

Structuring My Business

I have a LLC, that I sell information products with. I want to also practice the techniques in the information prodcuts that I sell (real estate investing).

I would like to use the same Name as my LLC I currently have.

So my question:

1. Can I have a separate department (so to speak) of my current LLC) for real estate investing? That way I could keep using the same name.

2. Is there a way I can create a separate entity (LLC or Inc.) and use the Same Business name as my information products LLC name?

3. Should I just create a new LLC for my information products and start using my current LLC for my real estate business?

I want to just do #1, BUT I don't want to expose my info product business to the liability of the other (real estate investing).

Having the Same Name in a practicing real estate investing LLC, would help build credibility within the information products side of the business.

Any input would be greatly appreciated.


Asked on 8/28/07, 4:29 pm

1 Answer from Attorneys

Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Structuring My Business

THe available space precludes an in depth reply to your questions. I suggest you consult with counsel at your earliest convenience.

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Answered on 8/28/07, 5:59 pm


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