I'm looking to start an foreign series LLC in either Nevada or Delaware. Can anyone recommend are these 2 states a good spot to incorporate & a good reputable online company to start this? Thx.
Would like to hear your experience with Ohio rentals being in Texas. I am primarily trying to figure out the TAX and ENTITY implications:1. Can you use a Texas Series LLC name instead of your own name when buying in ...
Hi,I've been doing some reading about the use of series LLCs when investing in rentals. Just curious, how many of you are using these? From what I've read you can only file these kinds of LLCs in certain states. For y...
Rich and a few others have posted on this already and I read through those threads already so please don’t cite them here.
Is there any value in setting up a series LLC from an asset protection standpoint? My un...
Just released today. Aug. 26, 2020
https://www.sec.gov/news/press-release/2020-191
In conjunction with the adoption of the amendments, the Commission designated by order holders in good standing of the Series 7,...
Here's an article I wrote: Series Limited Liability Company (LLC)
Angela Walter, Texas Attorney - If free to message me if you have any legal questions!What is a series LLC?
Historically, members had to file, manage...
What is a series LLC?
Historically, members had to file, manage, record, and report each LLC separately which meant more paperwork, more cataloging, more expense, and more reporting. That process created more unnec...
Hi all!
I have been lurking for months and this is the first time I have a question I can't find an answer to! My wife and I bought our first rental property and have been setting up our business and such. Our lawyer...
I am debating on setting up an LLC for holding my Wisconsin property. I am Looking at getting my second property sometime in the near future. I have read that Wisconsin has a watered down version of the Series LLC l...
Howdy everyone, I've got a question for you tax and legal gurus. I'm getting highly differing feedback from my lawyer and CPA on the proper structure and taxation of Texas Series LLCs.
The CPA is advising that each ...