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Tax, SDIRAs & Cost Segregation

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Stacy Gunn
  • Accountant
  • Seattle, WA
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11
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Series LLC - Bank Accounts

Stacy Gunn
  • Accountant
  • Seattle, WA
Posted Jul 31 2019, 15:52

We just formed a TN series LLC for properties in TN but live in WA, a state that doesn't recognize the structure. Chase wouldn't open bank accounts in the name of the cells and we couldn't find a local TN bank who would set this up for us living out of state. What do other people to do here? Should we set up a DBA in the name of the cells to set up the bank accounts that way?