Banking and the Series LLC: FAQs
Friday, December 29
It's time for everyone's favorite part of life: banking! We're kidding. We kind of hate banking too. That's why when we set up Series LLCs for our clients, we like to avoid any kind of potential banking issues while keeping the basics of bookkeeping and taxes as streamlined as possible. If you're...
What Kind of Assets Can My Series LLC Hold?
Friday, December 29
Most investors who use a Series LLC hold multiple assets or pieces of real property, or at the very least aspire to. Naturally, anyone using this structure will want to make the most out of it. Here are some common questions our firm gets about which types of assets should be held in the Series L...
What Should I Call My LLC/DBA?
Friday, December 29
Here's a quick, but very common question I get a lot from new investors or clients who are creating their first business entity ever.If you want anonymity, don’t include a name that will connect with you personally. Otherwise, the name does not matter. The purpose of the anonymity is to make it h...
The Great LLC Lending Problem: Why Won't Anyone Loan to My LLC?
Friday, December 29
Time and again, I hear both my clients and fellow investors complain about the difficulty of getting a loan for an LLC. They're usually confused, because they already know that using a Traditional LLC (or ideally, a Series LLC) is the best way to manage their property. As is often the case in my ...