Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
How one person can create a double member LLC?
Hi guys,
Could you please help me out?
Everybody keeps saying how if a husband and a wife own an LLC it is still considered as one member LLC.
Also, its easy to pierce the corporate veil of one member LLC, and courts sometimes treat a one member LLC as an individual.
So, I can put as a second member another LLC, but what if that LLC is a one member? In other words, in I own an LLC that is two member LLC (one is me and another member is another LLC that has ony one member, who happens to be me again) would not court consider it as one individual?
So is there a way around it?
Thank you!