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All Forum Posts by: Christopher Stodard

Christopher Stodard has started 1 posts and replied 1 times.

Tax, SDIRAs & Cost Segregation

Post: Cost of a Series LLC

Christopher StodardPosted
  • Posts 1
  • Votes 0

Just bought my first rental property (duplex, all cash) and plan to BRRRR the property. I want to isolate this property from my other personal assets and have been looking into using a Series LLC, as this is the first of many properties (I hope). My question is how much should a good Series LLC cost to set up and how much to maintain? Should I expect an additional fee with every property I add to the series? I don't mind paying for a good product, but with just a brief online search I'm seeing a wide range of prices.

If it matters I'm investing in Florida, but my understanding is the LLC does not have to be in the state in which you invest, and I have no state preferences in this regard as long as it functions to protect my assets.

0 Votes