Five Points: What is a Series LLC?

We have seen the popularity of a Series LLC grow among property owners and developers. So what is it?

A Texas Series LLC is a Limited Liability Company that has the ability to create one or more sub-series within a single LLC structure. If you’re still thinking meh, how about this: a Series LLC is a type of LLC that provides tax benefits and legal protections to multiple divisions of a single LLC, while also shielding each individual division from the liabilities of other divisions and the parent LLC. (Did we just set a record for the use of LLC in a post? But wait, there's more!)
Five Pros:
• Limits exposure of LLC & all the assets owned by the LLC
• Pass-through taxation like a regular LLC
• All the personal liability protections of a regular LLC
• No additional setup costs above the regular LLC
• No downside of opting-in to be a Series LLC
We have seen the popularity of a Series LLC grow among property owners and developers. Interested in learning more? Give RattikinLaw a call if you’d like us to evaluate whether a Series LLC might be the right structure for your real estate investment goals. 817.737.7701
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