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Updated over 4 years ago on . Most recent reply

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50
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Tigran Kalaydzhyan
  • Investor
  • Buenos Aires, Argentina
24
Votes |
50
Posts

Texas Series LLC Operating Agreement

Tigran Kalaydzhyan
  • Investor
  • Buenos Aires, Argentina
Posted

Dear fellow investors,

I have a draft of the Texas Series LLC Operating Agreement on hand. At the moment, I need to make sure it contains correct language regarding the liabilities of separate series. I would really appreciate if any of you could share an existing operating agreement with me (without any confidential information, of course) - that would be more than fantastic!

Please do not "advise" me to hire an attorney to do all the work as, in my opinion, it defeats the entire purpose of the Series LLC as a low-cost vehicle for a rental RE portfolio.

Most Popular Reply

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5,127
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6,008
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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
6,008
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5,127
Posts
Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
Replied

Too bad that BiggerPockets, unlike Facebook, does not have the haha emoji  :)

  • Michael Plaks
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