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communick@indiehackers.space

LLC umbrella? (alien.top)

submitted 11 months ago by justabeardedwonder@alien.top to c/entrepreneur@indiehackers.space

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I’m interested in starting an LLC as a sole proprietor/ sole partner. Is it possible to start a single LLC and use that business across industry lines or would it be easier / better to create subsidiaries under the original business for separate ventures? Ex: primary business is niche hospitality. Looking to add separately for a line of small batch wines and liquors, and possible bespoke personal goods (bags, totes, Fanny packs, etc). Can I potentially keep the one EIN / biz, but have it linked to multiple entities on the fictitious name registry?

Currently incorporated in Indiana, but located regionally in the Midwest. Thank you.

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[–] chumming_money@alien.top 1 points 11 months ago

Hey. Your reply caught my attention. Can you provide some examples of these tax strategies for the management company?