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Updated over 5 years ago,

User Stats

64
Posts
43
Votes
Duane Richards
Pro Member
  • Cedar Hills, UT
43
Votes |
64
Posts

Asset protection across states

Duane Richards
Pro Member
  • Cedar Hills, UT
Posted

I'm brand new to the real estate investing thing and am reading/researching as much as I can. I have earnest money down on three properties in my area being built and thought about using a series LLC and child entities for each property. However I am very interested in out of state purchases, either on my own or through Roofstock or other turnkey providers. Do I need a local LLC for each state? Is it possible to use my series LLC across state lines? Or would it be easier as a start to use an umbrella insurance policy, which I will likely use as well.

  • Duane Richards
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