LL ON A LVM partition ??

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Hi, brand new to LL.  I read a lot of  posts etc. about LL and LVMs but since I'm not really knowledgeable about LVMs  and didn't see my situation I think it wise to ask for help  before I do myself  in.
First off , I don't see where to add my machine  info to my profile  / acct.  So I'll give some  info too. Hope that's  all right.

Host: jcc Kernel: 3.16.0-38-generic x86_64 (64 bit, gcc: 4.8.2)
          Desktop: Cinnamon 2.6.13  Distro: Linux Mint 17.2 Rafaela
Machine:  System: Dell product: OptiPlex 755
          Mobo: Dell model: 0GM819 Bios: Dell version: A09 date: 03/11/2008
CPU:      Quad core Intel Core2 Quad CPU Q6600 (-MCP-) cache: 4096 KB    Graphics:  Card: Advanced Micro Devices [AMD/ATI] RV610 [Radeon HD 2400 PRO/XT]


I have a 500 GB drive which is my secondary drive btw.

with  /dev/sdb1  524 MB — 464 MB free (11.6% full) Linux (Bootable)  Ext4 (version 1.0) — Mounted at /media/jcc/1810461e-55eb-4adb-93ac-9dbef1c32f1a

and
/dev/sdb2      500 GB (499,582,500,864 bytes)      Linux LVM      LVM2 Physical Volume (LVM2 001)  Installed on this  is Pisi os
 
Pisi  =    435 GB — 350 GB free (19.6% full)        /dev/VolGroup/lv_home          Ext4 (version 1.0) — Mounted at /media/jcc/d70d0a6a-88e2-428a-ac4f-48e6ec95dfbd 

However, I also have , installed  alongside Pisi  ,  Semplice os and  a 10 GB block device for swap 

Semplice  =        54 GB — 46 GB free (13.5% full)          /dev/VolGroup/lv_root    Ext4 (version 1.0) — Mounted at /media/jcc/61abe400-ef78-4922-a07b-c8d67c6a8679

my question is:  I want  to install  LL  on this drive  . Is it  safe or proper partitioning to just resize with gparted and create a new partition and install to it  ;  or is there more to it than that?    At the  moment  this drive is my only one with enough size / space  left  to install to.

If a screenshot  of gparted  or  " disks "  is needed let me  know .                    thank you all very much