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Mike Reynolds
  • construction
  • Nacogdoches, TX
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LLC questions for a series LLC

Mike Reynolds
  • construction
  • Nacogdoches, TX
Posted

I'm not sure if this is the right place to put this question but here goes. 

I am about to open a series LLC in Texas. If I have LLC's in other states, can I merge them into the Texas series LLC? If not that won't really be a problem but it sure would cut down on the CPA bill if I could use one instead of several. Plus I could keep everything in one bank account.

  • Mike Reynolds
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    Scott Mac
    • Austin, TX
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    Scott Mac
    • Austin, TX
    Replied

    Hi Mike,

    Some state so not "recognize" legally what a "Series LLC" is.

    We do here in Texas, but elsewhere (???)

    Talk to your attorney about that aspect too.

    Good Luck!

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