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North Carolina Real Estate Q&A Discussion Forum
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Updated almost 2 years ago,

User Stats

276
Posts
183
Votes
Adrienne Bryson
  • Flipper/Rehabber
  • High Point, NC
183
Votes |
276
Posts

Are Series LLCs an option in North Carolina?

Adrienne Bryson
  • Flipper/Rehabber
  • High Point, NC
Posted

I'm looking into the available options for a wholesaler, and an out-of-state investor I've been talking to mentioned Series LLC.

From my understanding, rather than establishing a new LLC for each property and then selling the entire LLC to the buyer each time, you can establish one Series LLC and make a new "cell" for each property. Then you can add and remove members from each cell as needed.

But I can't find much information on this and I haven't been able to find any info that's NC specific.  Does anybody know if this is an option here?  Has anybody done this?

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