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Updated over 8 years ago on . Most recent reply

Lisa Holloway's profile image
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Lisa Holloway
  • Investor
  • from Talladega, Alabama
  • Member since Oct 8, 2013
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Lisa Holloway's profile image
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Lisa Holloway
  • Investor
  • from Talladega, Alabama
  • Member since Oct 8, 2013
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Lisa Holloway
  • Investor
  • Talladega, AL
10
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Goals, Business Plans & Entities

Creating LLC Series vs Professional

Lisa Holloway
  • Investor
  • Talladega, AL
Posted

Does anyone have any information regarding forming an LLC in Alabama? Alabama apparently has the option of selecting Series V Professional. Is it required that I choose one when forming an LLC here?

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James Miller's profile image
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James Miller
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  • from Fort Worth, Texas
  • Member since May 18, 2015
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James Miller
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  • from Fort Worth, Texas
  • Member since May 18, 2015
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James Miller
  • Attorney
  • Fort Worth, TX
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James Miller
  • Attorney
  • Fort Worth, TX
Replied
Originally posted by @Lisa Holloway:

Does anyone have any information regarding forming an LLC in Alabama? Alabama apparently has the option of selecting Series V Professional. Is it required that I choose one when forming an LLC here?

In Texas, a professional LLC is for doctors, lawyers, accountants etc... not professional REI. Alabama may be different though. You should be able to check your state's laws online for free to see what the requirements for a professional LLC are.

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