Results 1 to 2 of 2

Thread: LLC Investing in Stock

  1. 09-08-2013 10:32 PM #1
    wizash2
    wizash2 is offline
    Registered User
    Array
    Join Date
    Jul 2012
    Posts
    15

    Default 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!
    Reply With Quote Reply With Quote
  2. 09-09-2013 10:09 AM #2
    Business Attorney
    Business Attorney is offline
    Moderator
    Array
    Join Date
    Aug 2008
    Location
    Chicago
    Posts
    1,570

    Default

    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.
    David Staub

    www.illinoisbusinessattorney.com | Limited Liability Company Center - LLC information
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules