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LLC Investing in Stock
Hi
We are a 2 member LLC (partnership, 50%) each, husband and wife and file taxes jointly. Can we invest in mutual funds/stocks? Our passive income won't reach 25% of LLC's
income.
Thanks in advance!
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Unless your articles of organization expressly prohibit it, your LLC can invest in anything you want. The income will simply pass through to you on your Form K-1.
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