# Can i do this with my LLC?

**URL:** <https://boards.straightdope.com/t/can-i-do-this-with-my-llc/553381>\
**Category:** Factual Questions\
**Created:** [September 11, 2010, 5:14am UTC](https://boards.straightdope.com/t/can-i-do-this-with-my-llc/553381 "2010-09-11T05:14:35Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![TNWPsycho](https://avatars.discourse-cdn.com/v4/letter/t/47e85d/32.png) [@TNWPsycho](https://boards.straightdope.com/u/TNWPsycho)\
**Post date:** [September 11, 2010, 5:14am UTC](https://boards.straightdope.com/t/can-i-do-this-with-my-llc/553381/1 "2010-09-11T05:14:35Z")

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To make a very long story short.

Over the past 4 months i started a hobby business on mainstreet in the town i live.

Every month i have a net profit of about (-$200)

What i basically want to do is this.

Instead of paying to have employees and the storefront, i want to close down the shop and put the same amount i was spending on the store every month in stocks, bonds, CDs, real estate, etc.

Can i do that with an LLC?

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**Author:** ![Palooka](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/palooka/32/2902_2.png) [@Palooka](https://boards.straightdope.com/u/Palooka)\
**Post date:** [September 11, 2010, 5:21am UTC](https://boards.straightdope.com/t/can-i-do-this-with-my-llc/553381/2 "2010-09-11T05:21:21Z")

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Shouldn’t be an issue. You just get an account for the business at some brokerage, but I can’t figure out why you’d want to.

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**Author:** ![TNWPsycho](https://avatars.discourse-cdn.com/v4/letter/t/47e85d/32.png) [@TNWPsycho](https://boards.straightdope.com/u/TNWPsycho)\
**Post date:** [September 11, 2010, 5:29am UTC](https://boards.straightdope.com/t/can-i-do-this-with-my-llc/553381/3 "2010-09-11T05:29:29Z")

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> [@Palooka](#):
>
> Shouldn’t be an issue. You just get an account for the business at some brokerage, but I can’t figure out why you’d want to.

To have the seperation of liability.

If i purchase some real estate and something goes horribly wrong.
