GoldenEggs
Contributor
Is anyone using this kind of LLC and willing to share their experience?
My husband and I haven't set up our LLC for real estate yet and in talking with the attorney, he brought up the Delaware Series LLC. We currently invest of out state and plan on continuing investing in 2-3 additional states. One downside is that there isn't any case law or court decisions interpreting the Series LLC yet. That may have changed since we last talked to him, so I am not sure.
We currently own property so I am anxious to get it transferred into a LLC. From what I understand, we can still do a normal LLC and then change it later so there is no real hurry to have a Series LLC. Just looking for input.
My husband and I haven't set up our LLC for real estate yet and in talking with the attorney, he brought up the Delaware Series LLC. We currently invest of out state and plan on continuing investing in 2-3 additional states. One downside is that there isn't any case law or court decisions interpreting the Series LLC yet. That may have changed since we last talked to him, so I am not sure.
We currently own property so I am anxious to get it transferred into a LLC. From what I understand, we can still do a normal LLC and then change it later so there is no real hurry to have a Series LLC. Just looking for input.
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