I have an LLC for rental investment. Can i use the LLC to do independent corp to corp work.
Currently employed, with investment property under LLC. Would like to do independent contract work.
1 Attorney answer
T. Phillip B.
The question isn't whether you can do it, but is whether you SHOULD do it. You definitely would be able to do other work within the LLC. However, in doing so, now you active work and passive income are getting combined which would likely subject your passive income to the 15.3% self employment tax. Let me know if you have any questions on how to structure the businesses.