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Updated over 8 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Ronda Doxey
  • Real Estate Agent
  • Houston, TX
2
Votes |
9
Posts

LLC's - What is best?

Ronda Doxey
  • Real Estate Agent
  • Houston, TX
Posted

Is it best to set up a Series LLC and then add each house as a separate entity under that? Or just set up separate LLCs.? We are beginning to add lots of houses to our portfolio and want to have the right amount of protection. We don't want one bad apple to bring down the rest so to speak.

Any information on protecting us as landlords and ease of tax prep. is appreciated!

Most Popular Reply

User Stats

9
Posts
2
Votes
Ronda Doxey
  • Real Estate Agent
  • Houston, TX
2
Votes |
9
Posts
Ronda Doxey
  • Real Estate Agent
  • Houston, TX
Replied

@Steve Vaughan - Series LLCs are legal in Texas. We are buying single family homes and with partners.  We plan on buying many. 

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