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Updated over 1 year ago,
Entity Structuring - Series LLC for jointly owned properties?
Hi everyone,
My brothers and I are starting to invest in real estate (TX), we have 4 houses so far and would like to move them into an LLC for protection.
So far it seems a Series LLC would be perfect since it allows us to separate the liability of each property with out lots of LLCs, but TX doesnt allow for anonymity. So im seeing people use WY holding companies as the owner to maintain anonymity. Would that work with a series LLC? Would i still have to register as a foreign entity in TX and nullify the anonymity?
Would you recommend this structure? Or is there a better way for a partnership? Thanks!