Texas Series LLC - Management Series

[Cathy Karowski]

I have formed a Series LLC for my rental properties. What are your thoughts on utilizing Protected Series 1 as the management protected series, responsible for managing the operations of the business? Protected Series 2 and on will hold separate pieces of property or operate different segments of the business. Many have suggested a two-company structure to separate assets from activities by forming a shell management company for dealings with tenants, vendors, and the public. It seems to me that utilizing one of the series for management activities accomplishes the same goal.