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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 2 times.

Post: Series LLC: Banking Options

Account ClosedPosted
  • Posts 2
  • Votes 1

Thank you so much!!! Really appreciate your response - I will reach out to them!

Post: Series LLC: Banking Options

Account ClosedPosted
  • Posts 2
  • Votes 1
Hello all, apologies if this isn't the right section but figured I had to take the first step somewhere. I recently started a Series LLC to house multi family properties (under each child) in Wyoming - for additional anonymity. I used guidance from the article - https://www.biggerpockets.com/... to determine what I wanted to do.

However - one of the challenges I am facing is banking with a series LLC. I understand I can use the different EINs to setup accounts for each child LLC but looking more for recommendations on whether there are banks in and around Washington state (or online banks in other states) that allow having Primary-Cell type accounts where all accounts are housed under one roof but with the ability to have different EINs. I have seen some recommendations in different forums but the banks I reached out to only allow accounts for in-state folks. Hence the question.

My other option is to simply open an account for each child LLC but this means managing a bunch of accounts which I'd rather avoid.

Thank you very much for any advice you can provide.