Has anyone switched over to SeriesLLC? If so, how has it worked out for you? Is there any case law on SLLC? I'm getting big enough where I will need to start separating assets. I'm in Arkansas and there is no case law...
I have a few trusts and LLc's. My attorney is wanting to chat about doing a master LLC with series llcs out of it. For example: Blue sky LLc. Then as you buy additional properties it works like this. Blue sky llc, vic...
I am looking to form an LLC in Illinois but wanted to know what the ongoing fee is for a series vs traditional LLC. I see that the original filing fee for a traditional is $500 and $750 for the series. Is there a diff...
Any of you guys in a state that allows series LLC use them? There is not much info from the IRS on these new entities and I am getting slightly different information from my accountant and attorney. Do you have t...
Apparently the formation of Series LLC's are only "allowed" in a few states. I live (and will invest in) Maryland, which does not allow the formation of Series LLCs. Is using a Series LLC as simple as forming it in a...
Brief Background. I live in Texas. I'm an engineer by profession. I've owned 4 rental properties at one point in time. I've since consolidated down to one rental property that I currently own. My plan/aspiration is to...
At what point is an LLC necessary? I read that the LLC requires a lot more attention to detail in order for it to protect any property. If I own two properties, would it be helpful to have an LLC or is it better to ...
I need to create a Series LLC in Wyoming so that I can start working with hard money lenders and would much appreciate any attorney referrals from the collective genius that is BP!
Does anybody know When you have a Series LLC in the state of Illinois if you are allowed to make business under the series or can it be applied only to properties..
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For those of you who were wondering why, we felt that those areas should have less of a prominent position ...