One LLC and Multiple businesses
My Wife was working as sole proprietor and she is planning to open Single Person LLC.
She is also planning to start her second business.
1) Can she do multiple businesses in ONE LLC?
2) Will she file multiple Schedule C for EACH business ( If you have one person LLC you can file taxes in Schedule C) ?
3) Does she has to apply for new Federal ID or she can use same she was using in Schedule C for this new LLC also?
Contribution: $$ + Faxes + Calls
Not an Attorney, just sharing my experience.
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