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This question really comes down to cost vs. benefit analysis.
I usually form a new LLC for every property I purchase.
Remember: you need to setup your LLC before you purchase your property. Watch this video to make sure you don’t make this mistake.
Not only does this strategy of each property owned by a different LLC protect my personal assets, but it also separates each property from the others.
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Let’s say that I have 3 houses. The first house (house #1) is owned by LLC #1, the second house (house #2) is owned by LLC #2, and the third house (house #3) is owned by LLC #3.
If a tenant slips and falls at house #1 one and sues LLC #1, my properties owned by LLC #2 and LLC #3 are protected from that lawsuit.
Aside from the extra liability protection I also like to keep my books in my finances extremely organized.
For each LLC that I form I also have a new EIN and a separate bank account.
That means all of my income and expenses for each property sits within its own bank account and therefore is very easy to see which property is more profitable that the others, pay bills, and manage finances.
If on the other hand, I had one LLC that owned all three of the properties I would have to rely on my bookkeeper and/or my property manager to differentiate which property brought in income and which expenses were attached to each property. This makes both keeping and finances a little bit more cumbersome.
Selling the LLC instead of the property (avoiding transfer tax)
Another benefit the having each house owned by a different LLC is that if you decide to sell the property in the future you have an alternative for an exit strategy.
Instead of selling the real property from your LLC to the new buyer, you can just sell the entire LLC and therefore you may be able to avoid transfer tax.
You’ll need to speak with a real estate attorney and/or accountant in your area to double check on this strategy. I strongly recommend you hire a competent real estate attorney with experience assisting clients in the sale of businesses.
You want to make sure the sales goes through correctly and your are legally avoiding transfer tax. I see a lot of amateur real estate Investors trying to sell LLC themselves and they totally screw it up!
How many LLCs for more than 10 properties?
The above strategy makes sense if you have less than 10 properties. But if you have more than 10 properties setting up 10, 15, 20, or 25 different LLCs and having them all own different bank accounts could, at some point, become a little bit messy from an organizational standpoint.
So what should you consider if you own more than 10 real estate investments? A common strategy is to “group them”… putting 2-3 properties in a different LLC.
Consider LLC fees & annual registration fees for multiple LLCs
Again, for the best asset protection it’s best to put every single property in its own LLC, without those LLCs being engaged in any other businesses.
However if your state has high filing fees and high annual renewal fees then setting up 20 different LLCs could become quite costly on an annual basis.
See the tables below for state filing fees + annual registration fees for all states. You’ll need to weigh the cost versus the benefits to see if it’s a viable option for you.
State filing fees for LLCs
(note: it’s best to form your LLC in the state where your investment property is located. For more info, check out this video)
| State LLC | LLC Filing Fee | LLC Annual Fee | Due | Payable To & Form Name |
|---|---|---|---|---|
| Alabama LLC | $200 | $50 minimum | 2.5 months after formation and annually by April 15 | AL Department of Revenue, Initial Business Privilege Tax Return |
| Alaska LLC | $250 | $100 | Biennial, January 2 | AK Department of CCED, Biennial Report |
| Arizona LLC | $50 | $0 | No annual fee + no report due | N/A, N/A |
| Arkansas LLC | $45 | $150 | Annual, May 1 | AR Secretary of State, Franchise Tax Report |
| California LLC | $70 | $800 + $20 | Various | CA Franchise Tax Board, Annual LLC Franchise Tax + Stmt. of Information |
| Colorado LLC | $50 | $10 | 5 month window surrounding anniversary month | CO Secretary of State, Periodic Report |
| Connecticut LLC | $120 | $80 | Annual, March 31 | CT Secretary of State, Annual Report |
| Delaware LLC | $90 | $300 | Annual, June 1 | DE Dept. of State, Annual Franchise Tax |
| Florida LLC | $125 | $138.75 | Annual, May 1 | FL Department of State, Annual Report |
| Georgia LLC | $100 | $50 | Annual, April 1 | GA Secretary of State, Annual Registration Fee |
| Hawaii LLC | $50 | $15 | During quarter of anniversary date | HI Business Registration Division, Annual Report |
| Idaho LLC | $100 | $0 (must file an information report, no fee though) | Annual, anniversary month | ID Secretary of State, Annual Report |
| Illinois LLC | $150 | $75 | Annual, anniversary month | IL Secretary of State, Annual Report |
| Indiana LLC | $95 | $30 | Biennial, anniversary month | IN Secretary of State, Business Entity Report |
| Iowa LLC | $50 | $30 | Biennial, April 1 of odd years | IA Secretary of State, Biennial Report |
| Kansas LLC | $160 | $50 | Annual, April 15 | KS Secretary of State, Annual Report |
| Kentucky LLC | $40 | $15 | Annual, June 30 | KY Secretary of State, Annual Report |
| Louisiana LLC | $100 | $35 | Annual, anniversary month | LA Secretary of State, Annual Report |
| Maine LLC | $175 | $85 | Annual, June 1 | ME Secretary of State, Annual Report |
| Maryland LLC | $100 | $300 | Annual, April 15 | MD State Dept. of Assessments, Personal Property Tax |
| Massachusetts LLC | $500 | $500 | Annual, anniversary month | MA Secretary of the Commonwealth, Annual Report |
| Michigan LLC | $50 | $25 | Annual, February 15 | MI Dept. of LARA, Annual Report |
| Minnesota LLC | $155 | $0 (must file an information report, no fee though) | Annual, December 31 | MN Secretary of State, Annual Report |
| Mississippi LLC | $50 | $0 (must file an information report, no fee though) | Annual, April 15 | MS Secretary of State, Annual Report |
| Missouri LLC | $50 | $0 | No annual fee + no report due | N/A, N/A |
| Montana LLC | $35 | $20 | Annual, April 15 | MT Secretary of State, Annual Report |
| Nebraska LLC | $100 | $13 | Biennial, April 1 of odd years | NE Secretary of State, Biennial Report |
| Nevada LLC | $425 | $350 | Annually, anniversary month | NV Secretary of State, Annual List of Members + Business License |
| New Hampshire LLC | $100 | $100 | Annual, April 1 | NH Secretary of State, Annual Report |
| New Jersey LLC | $125 | $75 | Annual, anniversary month | NJ Department of Treasury, Annual Report |
| New Mexico LLC | $50 | $0 | No annual fee + no report due | N/A, N/A |
| New York LLC | $200 | $9 | Biennial, anniversary month | NY Department of State, Biennial Statement |
| North Carolina LLC | $125 | $200 | Annual, April 15 | NC Secretary of State, Annual Report |
| North Dakota LLC | $135 | $50 | Annual, November 15 | ND Secretary of State, Annual Report |
| Ohio LLC | $99 | $0 | No annual fee + no report due | N/A, N/A |
| Oklahoma LLC | $100 | $25 | Annual, anniversary month | OK Secretary of State, Annual Certificate |
| Oregon LLC | $100 | $100 | Annual, anniversary month | OR Secretary of State, Annual Report |
| Pennsylvania LLC | $125 | $7 | Annual, September 30 (starting in 2025) | PA Department of State, Annual Report |
| Rhode Island LLC | $150 | $50 | Annual, February 1 - May 1 | RI Secretary of State, Annual Report |
| South Carolina LLC | $110 | $0 | No report due unless LLC files taxes as an S-Corp | N/A, N/A |
| South Dakota LLC | $150 | $50 | Annual, anniversary month | SD Secretary of State, Annual Report |
| Tennessee LLC | $300 | $300 minimum | Annual, April 1 | TN Secretary of State, Annual Report |
| Texas LLC | $300 | $0 for most LLCs (however a No Tax Due Report and Public Information Report must be filed every year) | Annual, May 15 | TX Comptroller, Public Information Report + Franchise Tax |
| Utah LLC | $54 | $18 | Annual, anniversary month | UT Department of Commerce, Annual Report |
| Vermont LLC | $125 | $35 | Annual, March 15 | VT Secretary of State, Annual Report |
| Virginia LLC | $100 | $50 | Annual, anniversary month | VA Corporation Commission, Annual Registration Fee |
| Washington LLC | $200 | $60 | Annual, anniversary month | WA Secretary of State, Annual Report |
| Washington DC LLC | $99 | $300 | Biennial, April 1 | DCRA, Biennial Report |
| West Virginia LLC | $100 | $25 | Annual, July 1 | WV Secretary of State, Annual Report |
| Wisconsin LLC | $130 | $25 | Annual, anniversary quarter | WI Secretary of State, Annual Report |
| Wyoming LLC | $100 | $60 minimum | Annual, anniversary month | WY Secretary of State, Annual Report |
Consider whether or not you will be financing with the LLC
If you are obtaining financing with the LLC you need to consider two things:
1. If you’re obtaining a loan in the LLC, mortgage rates are typically higher than for personal mortgages.
The reason being is the loan is often considered a commercial loan with the bank.
I don’t know why they call it “commercial” even when the property is a zoned residential, but most banks refer to loans made to LLCs as commercial loans commercial loans.
Commercial loans are made in a different department at the bank and have different qualification requirements.
I recommend making a number of phone calls to your mortgage brokers and bankers to make sure they even issues loans to LLCs. Not every bank does, but if you make enough phone calls, you’ll find one. Trust me, they do exist. Also ask around at your local REIA… you’ll find a few good referrals this way.
2. Also consider that most banks will require you to personally guarantee the loan. This means that if your LLC defaults on the payments, the bank can go after you and your personal assets to fulfill the judgment. Short lesson here: make your damn payments on time!
Added benefit of properties owned in LLCs
In Most states, if you have more than 4 mortgages in your personal name you cannot get any more mortgages.
This is why owning your properties in LLCs is very beneficial. In theory you could have an infinite number of loans made out to all your LLCs… and you’d still be considered a first-time home buyer… meaning, you could qualify for a nice FHA, or other friendly-term financing ;-)
The reason for this is that those loans are “attached” to the LLC and they will not show up on your personal credit report (even if you personally guarantee them).
Holding real estate in specific LLCs
Another strategy that many people use is setting up different LLCs for different asset classes.
For example, if you’re wholesaling properties, you can run an entire business under one wholesaling LLC.
If you own a lot of low-income houses you can put two to three of those in one LLC.
If you own nicer, high-end income properties you can also put those under a different LLC.
Etc., etc.
Here’s the easiest way to start
Easiest way to start is to form an LLC for the first few properties that you buy and then see how the organization and management goes from there.
This way, once you purchase three or four properties you’ll know whether you want to continue and keep setting up an LLC for each property or you want to start combining them.
Or feel free to do this strategy until you have 10 properties owned in 10 different LLCs.
This is the easiest way to start as you don’t need to make a complicated decision before testing it out and experiencing it in the real world.
Cost versus benefit analysis
If you are a real estate boss and you own 50 Properties or more, you really need to consider the cost versus benefit analysis.
See the table above for all 50-state annual fees.
Also, if you have 50 properties each owned by a different LLC, you’ll have 50 different checking accounts… and you’re also be managing the paperwork for 50 different LLCs.
This could cause somewhat of a headache, especially for those who are not organized
Remember, the purpose of real estate investing is to make money enjoy your life. If you’re spending all of your time managing your organizing paperwork, sorting through crazy amounts of bills and making sure you’re writing checks from the correct account, balancing dozens of checkbooks, life won’t be very fun.
Then again, neither is getting your ass sued. So be wise. Do some serious cost vs. benefit analysis.
I’d say 10 properties or less, one LLC for each is a good setup.
11 properties or more: you’ll want to look at some more advanced real estate strategies, like Series LLCs.
Some states allow what is called Series LLCs, which can be an effective way to keep the chaos of multiple LLCs with multiple assets to a minimum if done right. (Think franchises like Wendy’s or McDonald’s.) These are a little more complicated, and not an option in all states, so you’ll definitely want a lawyer’s guidance on that scenario.
Hopefully at the point you need this level of complexity, you have some decent cashflow and can afford a badass real estate lawyer and/or tax advisor. They’ll help you get started on the fancy stuff… like different LPs (limited partnerships) which own groups of LLCs, or even Series LLCs if that is a better fit.
I hope this article was helpful!
Now go setup some damn LLCs and starting making those real estate monies ;)
Need to save time? Hire a company to form your LLC:
Northwest ($39 + state fee) or LegalZoom ($149 + state fee)
(Learn why Northwest is #1 in Northwest vs LegalZoom)
Matt holds a Bachelor's Degree in business from Drexel University with a concentration in business law. He performs extensive research and analysis to convert state laws into simple instructions anyone can follow to form their LLC - all for free! Read more about Matt Horwitz and LLC University.
Hi Matt, very helpful article! I have a vacation rental that I am in the process of transferring to an LLC and plan to add more properties over time. I self manage my property as well as a few others. Do you recommend forming another LLC for the property management side of this?
Thanks in advance!
Thanks Shelley! I wouldn’t say this is an automatic “must do”, however, it certainly can be done if you want to isolate the management of the properties, and treat it as a separate operation… whether that’s for internal/organizational reasons, or for better optics with tenants.
Hi Mark,
I have 2 rental properties NH, planning to setup and transfer title to a LLC.
Should I register LLC in NH, OR register llc in DL and mark it as a foreign LLC in NH.
it will help if you explain the pro/cons of these options.
many thanks in advance,
Hey Dev, there’s many ways to slice the pie here. However, here’s what I’d do. I’d form a parent LLC (aka LLC holding company). This could be in Delaware (or any state of your choice). Then form New Hampshire LLCs for the properties, and the NH LLCs would be owned by the Delaware LLC. This consolidates federal tax filings and has an added layer of asset protection. Then in the future, if you get into estate planning, you can set up a Trust. And then transfer ownership of the parent LLC to the Trust. This would “bundle” all your assets together well. And you’d have asset protection plus estate planning taken care of. Hope that helps.
Matt – hope all is well. What a great article to help structure RE entities. For the various reasons mentioned in the article, it makes sense to separate each property into its own LLC, especially because it does make it so much easier to transfer properties to a new owner. That said, who do you recommend to own the LLCs – personal name, some sort of trust, or a specific LLC that was set up as a holding company (this LLC wouldn’t have any direct ownership of any particular properties, but is rather just set up to own the LLC). Thank you in advance for your time and feedback.
Thanks Oliver! I’d say it depends on where someone is in their life and how savvy they are with details/logistics. However, a potential long-term structure is to work with an asset protection attorney (who also practices estate planning) in your state. And look into a Trust (or Trusts, depending on your family situation) than own an LLC holding company. And that LLC holding company owns the various LLCs (which own property). Hope that helps.
Matt, Great article! I have 3 properties, one of which is under a Single Member LLC. I am taking your advice to set up separate LLC’s for the other 2. Question is if I buy a 4th house and get a mortgage under that 4th LLC, how can I use the positive cash flow from the other properties to help pay for this 4th house, while maintaining the corporate veil on the 4th house?
Thanks Vince! You’d take distributions (aka owner’s draw) from the other LLCs and then contribute that money to the 4th LLC. Then the 4th LLC could use that cash to pay the mortgage.
Hi Matt, great question and answers on the site.
I have accumulated a good number of SFR’s (10) over the last 30 years. I have them currently in the name of my wife and I. The properties are located in CA. I have read that I should set up LLC’s in CA for the properties and then have a Wyoming or Arizona holding company LLC to hold the CA LLC’s. Do you agree with this strategy? The holding company will be in a state that has charging order protection so if I am sued, they can only get the distributions from the LLCs, not force a sale or foreclosure. Can you help with some advice on this?
Thanks, Michael
Thanks Michael! Charging order protection is grossly oversimplified online. Meaning, even with a Wyoming LLC that owns California LLCs, California law may still apply. I’d say in general, a holding company LLC that owns LLCs (that own property/ies) is a good idea. Take it one step further, and you can first set up a Trust (or Trusts) and the Trust(s) own the Wyoming LLC. However, exactly how charging order protection would or wouldn’t come into play, and how to best protect your structure of entities, I’d recommend speaking with a few asset protection attorneys (who also practice estate planning) in California. Hope that helps!
Hi Matt,
I made the mistake of placing four (4) rental properties under one LLC. Do you recommend separating them and placing each under a separate LLC. If so, what process do I have to go through to accomplish such an operation? None have a mortgage, located in Nevada and all are under the same property management company.
Thank you kindly,
Ara
Hi Ara, unfortunately, there isn’t a “black and white” answer to this. Some investors have one LLC per property and others have 20+ properties in one LLC. Having said that, generally speaking, isolating liability is a good idea. You’ll want to assess the overall potential liability, look into insurance policies, and look at the administrative costs and extra work (ex: Nevada LLC Annual List and State Business License renewal, bookkeeping costs, tax filings, etc.). It might help to ask the same handful of questions to a few accountants and attorneys and see if that helps bring you any clarity.
If you were to form new LLCs, you’d then need to transfer title from the first LLC to the new LLCs. You can work with a local title company and/or a real estate attorney to handle the closings/deed transfers. Hope that helps.
My husband and I own 3 rental properties and we have an S Corp only for tax purposes and haven’t changed the title. We are in the process of establishing 3 separate LLC for the rentals. Question is do we need to file a business license for each rental/LLC?
Hi Rosie, we recommend speaking with an accountant first. You may not want to use S-Corp taxation for rentals. The need for a business license and/or rental license will depend on the city where the property is located. Hope that helps.
What about setting up Series LLCs? I have heard that you can set them up much the same as subdivisions of a corporation and it is less expensive than multiple LLCs. I would love to see your research information on Series LLCs.
Hi Tal, we don’t cover Series LLCs at this time because they are much more complex that they are made out to be. And there isn’t established case law regarding taxation and liability. We might cover this in the future. We recommend speaking with a few attorneys and accountants. Thank you for your understanding.
Hi Matt! We are located in California, and we are in the process of purchasing a multi-family property that is located in Texas, and the deal is syndicated, so we are passive investors. We wanted to set up an LLC for this Texas property, but I wanted to check if the LLC would need to be registered as a Foreign LLC, even though the deal is syndicated.
Hi Alex, the California Franchise Tax Board does have far reach. When you say “we”, is this you and a business parter… or someone else? How much of this Texas LLC will you own? What management authority will you have over this Texas LLC? What will you be doing in California on behalf of the Texas LLC?
My family has an LLC that has several bank accounts titled under it as well as a few CD’s. We are going to invest in a rental property. Do we need to open another LLC or is it ok to title our first real estate investment under this LLC even though it already has the bank account and CD investments? Thanks!
Hi Lisa, there is no rule that an LLC must only have one asset titled in it. It’s up to you. However, it may be worth considering, or having a conversation with an attorney, about the pros and cons of using the existing LLC vs a new LLC. If there is an issue at your rental property and the LLC is sued, that could jeopardize the existing assets. Hope that helps.
Hi, I have 2 rental properties that were purchased through traditional mortgage and then transferred to a single LLC.
Even though they are both under the same LLC, can I set up multiple dba’s so that I can open separate bank accounts for each property to help keep the accounting separate?
Thanks
Hi Dave, great question. Yes, you can. An LLC can multiple DBAs. And yes, that would make your banking and accounting life easier ;)
What names are given to either LLCs or DBAs for each property you get. Like should I set up the LLC called: 123 North Second LLC?
This is probable a pretty obvious question, but I’m a bit confused.
How do people name their LLC properties?
It depends on whether you want it to be public or private. For example, if you use 123 North Second LLC, then people will assume that the LLC owns that property. And if your name is on record with the LLC, then people will assume you own the asset. Some don’t care about this; some do. So you could go with the property address. Or you could be more generic, like North Second, LLC or North Second Holdings, LLC. There’s really no right or wrong; it’s personal preference. It could also depend on how many properties you own. If you have 50+ properties, using the address as the LLC name can make your life a lot easier (ex: you know what LLC owns what without thinking too hard).
Hello, I set up the LLC to purchase a two family dwelling for rental and the seller states I set up the LLC incorrect, this was a foreclosure property and I am buying it from that entity. Is there such a thing as a innapropriate LLC?
Hi Daniel, this is a challenging question to answer as “inappropriate” could mean a number of things. Also, not sure why the seller has any say in how you form your LLC. Might want to run this question by the title company as well as a real estate attorney. Hope that helps.
Great article! I hope you can answer a few tough questions for me…
1. For each LLC property, is it cost effective to file a tax return for each one and also hold a business checking account for each? (For 10 properties or less)
2. With 10 different bank accounts how do you “pay” yourself? Just transfer portions from all 10 to your main buisiness account?
3. With buisinness operating expenses like property management (1 company for all 10), travel, vehicle, phone, internet… how are those collective expenses passed on to each individual LLC? Divide by 10?
4. If my main LLC owns 10 differnt LLCs, is the main LLC subject to lawsuits if 1 of the property LLCs get suied?
I know its a handful, hope you can help
Thanks in advance
Hey Roy, thanks!
1. If the LLC has activity, then depending on how the LLC is taxed, it’ll have a Schedule in your personal tax return in addition to any applicable Forms. If you have separate LLCs, then you’ll want them to have separate bank accounts. If not, then that opens you up to the risk of the corporate veil being pierced.
2. Best to chat with an accountant on this. There’s not a black and white answer.
3. See #2.
4. Not if the entities are set up and run properly.
Apologies we couldn’t get into depth on your tax questions. You really need someone to look at this more deeply with you. Thanks for your understanding.
My Husband and I just bought a dental office in Texas. The owner is financing the practice and the building as one unit. It is a small practice in a small town. We are going to pay ourselves rent. I thought it would be a good idea to have an LLC but after reading about it on the internet I think I’m making it more complicated than it is and potentially spending a lot of time and money on this..My husband has malpractice insurance and we have liability insurance..Any suggestions??
Hi Margot, since you said “just bought” a dental office, I’m assuming you’ve already closed on the transaction? And if so, then you’ve already taken title until yours and your husband’s name, correct? Malpractice insurance is for malpractice. There are a number of other liability issues with running a business so people form an LLC to separate their business assets from their personal assets. We have more info on protecting your assets here: LLCs and asset protection. There may also be additional insurance coverages you and your husband may want to consider. Also, if you form an LLC, you’ll need to transfer the assets from your names to the LLC. If you purchased property, you’ll need to re-title the property and go through another closing. Hope that helps.
Along with a separate EIN and separate bank account, should I also get a separate credit card for each LLC? This is to correctly allocate credit card expenses to the correct LLC.
Ideally, I wouldn’t want to apply for a new credit card for each LLC, what I would want is for my credit card vendor to issue me a new and different credit card number for the new LLC, all tied to the same single credit card account. This way I get multiple statements for all my credit card numbers and I can allocate all expenses on one statement to a specific LLC, rather than having to go through one statement and individually allocate them to the correct LLC.
Are there any vendors that offer the service of multiple credit card numbers for the same account. (Note I’m not talking about virtual credit card numbers)
Thanks
Ameya
Hey Ameya, I’m quite familiar with business credit cards, and I’ve never heard of anything like this. You could of course call a few credit card companies to check, but as far as I’m aware, they won’t let you “merge” accounts like that. Hope that helps.
Hello
I know this is old post but so not sure if you are still looking an alternative. Anyway just fyi my wife and I have two personal credit card with different number which get consolidated into one account from citi bank.
Helpful to know. Thanks Retesh!
Currently have 3 rental properties under our West Virginia registered LLC. Looking to purchase another rental unit in North Carolina. Can we purchase that property using our West Virginia LLC company name?
Hi Sharon, you can, meaning the title company will likely allow it, however, it’s not technically legal. If the West Virginia LLC holds a rental property in North Carolina, then it’s illegally transacting business in the state and you’d need to register the West Virginia LLC as a Foreign LLC in North Carolina. So you could either take care of the Foreign LLC registration before closing, or another option is to form a North Carolina LLC and then have the NC LLC take title to the property in NC. Hope that helps.
If I set up an LLC to purchase a property, can I still pay for the property out of my own personal bank account? Or do I have to set up a a separate bank account for the LLC to use to make the purchase?
You’re supposed to make a capital contribution (deposit) into the LLC’s bank account, then take proceeds out of there for settlement.
I have rental property in Massachusetts, but I live in Vermont. Can I set up an LLC in Vermont for the Massachusetts property?
Because you are doing business in Massachusetts, you’re supposed to form the LLC there. Using a Vermont LLC for real estate located in Massachusetts may require the registration of a Foreign LLC (the Vermont LLC registered as a Foreign LLC in Massachusetts). Hope that helps.
What if you learned about this too late? Is it possible to transfer the properties to an LLC later?
Hi Rodney, yes, you can. You’ll need to contact a title company for the details. You’ll also need to contact the lender to see if they’ll allow the transfer.
Can a property be owned by an LLC but the mortgage be in an individual’s name? We want to transfer the title of the home to an LLC but do not want to change the mortgage in anyway.
Hi Sara, this can be accomplished by filing a quitclaim deed. Technically, you are breaking the terms of the mortgage agreement, however, it is a common practice in real estate investing. If you go this route, we recommend speaking with an attorney for assistance. Hope that helps.
If you have a Series LLC, how do you title each piece of property when buying? i.e. XYZ, LLC, 1234 Knowhow Way, Austin, TX? Or just in the name of the LLC? Thanks,
Hi Warren, we do not teach or offer information about series LLCs, but I believe you would title each piece of property in its respective LLC unit. Please double-check with an attorney though. Apologies we can’t be more specific on that one.