My LLC buys and sells used books (like a wholesaler). Over the years, my wife's family has given her lots of jewelry that she now wants to get rid of on eBay.

For LLC protection, my LLC will BUY the jewelry from my wife, and then SELL it on eBay under my LLC.

Anything wrong with this?

Logistically: my wife has 10 pieces of jewelry that should sell for $200.00 each. My LLC will cut her a company check for $500.00 ($50 per item) and then list them on eBay under my LLC eBay account.

Of course, at tax time, I'll be giving all this info to my CPA, so if my company makes a profit (e.g. selling all 10 pieces at $200 each = gross profit $1,500.00), my LLC will pay the taxes.

Conversely, if nothing sells, then $500.00 loss.

For some reason, this "feels" awful/fishy/weird.... I'm inclined not to do this. However, when I use the reptilian/logical part of my brain, this seems not only perfectly okay, but a good idea because there's a smidgen more liability protection if the sales are under my LLC!

Your thoughts, please?