# Leasing equipment to my business

**URL:** <https://discussion.mainstreetbusinesspodcast.com/t/leasing-equipment-to-my-business/385>\
**Category:** Estates, Trusts & Wills\
**Created:** [October 8, 2023, 6:21pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/leasing-equipment-to-my-business/385 "2023-10-08T18:21:49Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![mitch\_viner](https://avatars.discourse-cdn.com/v4/letter/m/a8b319/32.png) [@mitch\_viner](https://discussion.mainstreetbusinesspodcast.com/u/mitch_viner)\
**Post date:** [October 8, 2023, 6:21pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/leasing-equipment-to-my-business/385/1 "2023-10-08T18:21:49Z")

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Is it beneficial to create a separate entity that leases vehicles/tools/equipment to my operating LLC?

I’m a contract mechanic and have created my LLC. I was told to create a separate entity(LLC) that owns my truck and tools/equipment. Then lease my truck/tools/equipment to my operating LLC. Reason is I’m just starting so i don’t want my LLC to get sued and lose my truck/tools/equipment.