Setting up a Delaware LLC

2 Replies

Hi BP folks!

I am interested to know if anyone has experience setting up a Delaware LLC or Series LLC. I am intrigued by a Delaware LLC (or Series) for the following reasons:

  1. Confidentiality - as I understand, you do not have to name LLC owners or members when filing your certificate of formation
  2. There is not requirement to file annual tax reports and just an annual tax of $300 (for the state)

I am aware that I will need to work with a registered agent in the state of Delaware.

As far as owning real estate in other states, my plan is to leverage a trust which will hold title to the property. Then, my LLC will be a beneficiary of the trust. My understanding with this method is I avoid the need to register as a Foreign Entity in the state where I am holding property.

Thanks in advance for your help!

Corbin

Hi @Scott Smith , thank you for directing me towards that podcast.  I have listened to it a few times since!  Great stuff!

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