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Updated 7 months ago on . Most recent reply

User Stats

18
Posts
7
Votes
Karen Kwak
7
Votes |
18
Posts

Opening bank accounts with Series llc

Karen Kwak
Posted

I just purchsed a property under series llc. And I'm having a hard time opening a bank account under the series llc. Does anyone know which bank allows you to open a bank account with series llc? 

Most Popular Reply

User Stats

112
Posts
78
Votes
Mitchell Zoll
  • Attorney
  • Austin, TX
78
Votes |
112
Posts
Mitchell Zoll
  • Attorney
  • Austin, TX
Replied

Hey Karen - Before you get too deep into the Series LLC you might call a few banks, title companies, and insurance providers to see if this is going to be a recurring problem. I see you just bought the property so it might be still early to change paths to a traditional LLC and avoid these future issues. However if your lawyer/CPA have recommended a Series for your particular situation - you might reach out to my friend Alex Gonzalez at Texas Partner's Bank, 512-956-5675

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