Rental Property Investor · Mansfield, CT · Member since 2021 · 225 posts · 131 votes
4y
A series LLC is going to give you all the same things as a regular LLC however its more of a "umbrella company" with more protections for multiple companies or lines of business you may be involved in. It can help to separate your assets from liability, with less expense and more flexibility than other structures that mitigate liability risk like the holding company or parent-subsidiary structures.
There is a con to a series LLC, one big fact is its a relatively new and unused type of entity. It is subject to very limited case law so it is difficult to determine if it will hold up in court in a foreign state that does not have any statute that permits or recognizes the creation of a series LLC. These new laws are still developing creates risk for businesses due to the unknown. As time goes on we will see more cases and be able to make a better judgement call on weather its worth it or not. More so as a "Buyer beware" at the moment.