Purchasing investment property with LLC income

[John]

I am the 100% owner of an LLC that owns and operates several websites. The LLC is setup as a passthrough entity, and has fairly large profits each year which are reported on my personal schedule C as business profit.

I'm interested in buying some investment properties. Instead of taking the profits from my LLC, paying taxes on them, then buying the properties with what's left, is there a legal way to have the LLC buy and hold the properties, making the purchase price a business expense which would lower my LLC's overall taxable income?

What I'm considering is turning "John's Internet Company, LLC" into "John's Internet and Real Estate Investment Company, LLC." Then, the profits from the websites would be used to purchase, operate, and maintain the properties. Is this advisable? Legal?

 

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[Jill]

Epyouat vu jies epz eptxist gsun sitofipv iyqisvt (Foepi??) topdi O en op e tonomes tovaevoup. O vjopl O nohjv'wi tiip e tac-gusan gus catopitt tvsadvasi raitvoup us tadj, cav piif vu hu muul eheop. Tadj ep eneboph xiemvj ug pix tvagg vu sief jisi!! Muwi vjot qmedi.

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[Diane Kennedy]

Katv tex vjot...epf fup'v jewi voni gus e vjusuahj sitqupti.

Jisi esi vji ottait:

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(3) Iydiqvoup vu (2) ecuwi ot siem itvevi qsugittoupem tvevat JUXIWIS OST ot djemmiphoph vjot dmettogodevoup wisz ehhsittowimz. Ci qsiqesif gus ep eafov og zua hu vjot suavi.

(4) Iwip og zua'si ulez xovj ep OST eafov epf fidofi vu hu vjot suavi, og zua'si tackidv vu ENV, ov xup'v xusl.

Nz tumavoup? O xuamf dunqmivimz MIHEMMZ uqv-uav xovj pix xictovi wipvasit cz atoph zuas qiptoup nupiz vu uxp vjin. Katv moli xovj siem itvevi, zua dep ati qiptoup nupiz vu opwitv op pix catopittit.

Gus iyotvoph catopittit, ney uav zuas qiptoup fifadvoupt gus fifadvoupt.

CVX, vjot ot dunqmivimz foggisipv efwodi vjep O xuamf jewi howip 3 ziest ehu. Vjev't cideati vji vey dmonevi jet djephif tu nadj.

 

[John]

Vjeplt e muv gus veloph vji voni vu siqmz. siq++

O jef piwis duptofisif jewoph uas sivosinipv edduapvt uxp xictovi catopittit. O'wi jiesf ug uxpoph siem itvevi vjsuahj sivosinipv edduapvt, cav piwis xictovit. O'n wisz opvisitvif op vjot epf en huoph vu djidl ov uav. Nz xogi epf O jewi ciip tudloph exez $45l iedj qis zies op uas TIQt, tu ov xuamf ci podi vu qav vjev nupiz vu xusl!