Can you be a sole proprietor in one business and form a llp in another business?

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1283033

2026-05-20 09:30

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Yes you can have as many of both as you want, just make sure the liability of one business will not wipe out all the rest in case of a potential litigation down the road.

Also I would suggest you speak with a accountant about tax liabilities with several different sources of income as you have mentioned.

I also strongly believe this subject should be treated cautiously.

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