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Updated about 7 years ago,

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2
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0
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Sameer D.
  • Investor
  • Aurora, IL
0
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2
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LLC Series Creation Advice

Sameer D.
  • Investor
  • Aurora, IL
Posted

Hello All - I am relatively new investor and ended up with about 6-7 properties in Illinios and Indiana. I have been researching LLC creation and options and both states do support series LLC. Secondly, Illinois LLC fees are much costlier than that of Indiana. So I am seeking advice on..is it better to create two LLCs in each state or a series LLC in Indiana or Illinois since I have equal # of properties in both states? I am not a full time investor and so would like to keep the overheads and effort to a minimum.

Thank You

sd

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