All Forum Posts by: Eduardo Rodriguez

Hi @Scott Smith, 

Thank you for your advice, I have a few follow up questions if you dont mind. 

I like the idea of having one checking vs one for each property. 

1) Do we have to create a EIN for each series LLC?

2) Do you know if we will lose liability protection between the series if we manage it all from one business account? 

3) Will we just need to write the series # on the memo line of check and keep separate receipts for each series to keep the veil intact?

@Erin Elam - no worries, great question! 

Thank you both!  

Hello, 

My wife and I recently opened a Series LLC as we plan on having more properties. I asked the banker if we will need to have a separate checking account for each of our properties but she didnt know. Any insight here as to how they work will help us out alot. First timers...

Thank you!!