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Updated over 8 years ago on . Most recent reply
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LLC's - What is best?
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!
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@Steve Vaughan - Series LLCs are legal in Texas. We are buying single family homes and with partners. We plan on buying many.