Updated 11 months ago on . Most recent reply
Series LLC vs LLC in Texas - Need Guidance
Hello, I'm planning on purchasing property in the next couple of months. I have read about Series LLC. Needed advice and guidance on if I should initially start with a Series LLC or do a traditional LLC for each property. What are the pros and cons that you have seen? Did an attorney help you create this? TIA.
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- Rental Property Investor
- College Station, TX
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@Neal Daftary help us out here. How many properties will you purchase in the next 1-3 years and generally what will they be worth? I'm a big fan of KISS. Let's keep this as simple as possible....
Ex 1: 3 single-family rentals, value $300-400 each. I'd just put them all in one LLC
Ex 2: 20 units, 2 single-family, 2 fourplexes, and a 10-unit apartment. Now we might want a series LLC
- Gregory Schwartz
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- 443-812-0357
