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Updated over 5 years ago on .

User Stats

11
Posts
1
Votes
Kennan Schwartz
  • Dayton, OH
1
Votes |
11
Posts

Indiana V.S. Ohio LLC (or Series LLC)?

Kennan Schwartz
  • Dayton, OH
Posted

Hey everyone,

My father and I have finally decided after about a year of discussion to move forward with real estate investing. We are starting with fix and flips and eventually going to get into rentals. Do any of you have any advice on traditional LLC vs Series LLC? I live in Ohio, and father lives in Indiana and we plan to start looking for deals in both states. Therefore, are there any notable pros and cons to setting up the LLC in Indiana or Ohio? I want to lean towards Series LLC due to the nature of it being easier to setup new "child" LLC entities under the main "parent" LLC, if i am understanding how it works. Thank you for any and all guidance and advice!