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Updated over 4 years ago,

User Stats

12
Posts
5
Votes
Bradley Bladon
  • Lender
  • Columbia, SC
5
Votes |
12
Posts

Series LLC as a Foreign LLC in my home state

Bradley Bladon
  • Lender
  • Columbia, SC
Posted

I'm in South Carolina, which does not offer a Series LLC and I only plan to buy rental property in SC. Let's say I form a Series LLC in TX for example, I'm assuming it then needs to be registered as a Foreign LLC in SC to conduct business here. Question: Would I have to register each new "child" LLC for each property I acquire with the state of SC and incur the associated costs?

(yes, invariably I will be using an attorney...just in the idea gathering phase now)... 

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