Separate EIN/Checking Account Per Property?

[Pat Jackson]

I live in Nevada, and am investing in properties in Missouri. I'm considering (really planning) on setting up a series LLC. In my research, I had someone recommend having a separate EIN and checking account per property. I'm not a lawyer, but his point was if you had a series LLC and only one EIN/checking account, a judge could read between the lines and take more than more property.

This doesn't sound impossible, but at some point when is enough enough?  It sounds like a PITA to have a unique checking account and file taxes separatly per property.