The possible phenomenological consequences of R-parity violating interactions in the framework of low energy supersymmetry breaking are studied. It is pointed out that even very weak R-parity violation would completely overshadow one of the basic signatures of low energy supersymmetry breaking models, that is the decay of the next to lightest supersymmetric particle into a photon (lepton) and missing energy. Thus, the observation of these decays would put very strong limits on R-parity violating couplings. Vice-versa, if R-parity violation is established experimentally, before a detailed knowledge of the spectrum is obtained, it will be very difficult to distinguish gravity mediated from low energy gauge mediated supersymmetry breaking scenarios. Those conclusions are very model independent. We also comment on the possibility of mixing between charged and neutral leptons with charginos and neutralinos, respectively, and its phenomenological consequences for the photon (lepton) signatures, in scenarios where this mixing is generated by the presence of bilinear or trilinear R-parity violating terms in the superpotential.