LLC Overview

Investors in Real Estate should be concern not only about the financial and rewards of investing, but also the legal risks that associated with investment. A relatively new corporate vehicle available to protect the investor and his/her property from lawsuits, creditors, and other claims is the series LLC.                          What is a Series LLC? A series LLC is a limited liability company that is permitted to separate and divide into an unlimited number of multiple parts or 'cells' each having their own members, membership interests, managers, or assets. This works exactly the same as a Corporation owning many subsidiaries below it. However a Series LLC and the cells inside of it only need to execute one filing with the Texas Secretary of State.