Series LLCs

Many real estate investors and landlords want to protect their personal assets from creditors. One way to do that is to put each rental property in a separate series underneath the master LLC. I charge flat fees to prepare and fund the series LLC. The first step is to set up a phone conference to discuss the ups and downs of a series LLC, then we check to see if the name is available, form the series LLC and deed the properties to each series. Each series has its own tax identification number. It is very important to use an accountant who is familiar with series LLCs since the accounting can be somewhat complex.