How Can Your Series LLC Do Business In Other States?


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If you’ve listened to the USTaxAid webinars that Megan and I do, you probably already know that we’re big fans of Series LLC in the right circumstances. As the law gets clearer and since the IRS weighed in how to handle the taxes a few years back, there are more and more right circumstances of when to use a Series LLC.

In fact, if someone tells you a Series LLC is unsafe or unproven, say “thank you” politely and move on. That’s old news. There are a few cases when they don’t work, but to say they are unsafe or unproven is simply wrong. That’s why you need good tax and business structure advice from experienced advisors who work in this field every day.

There are currently 8 states that have Series LLC law. Some states have better law than others. In fact, as much as I love Nevada for a lot of things, right now I’m recommending Texas Series LLCs a lot of the time. But what if you don’t live/work in one of those 8 states? Does that mean you’re out of luck?

No! You just need to learn how your Series LLC can do business in other states. Here’s a very informative article by expert Megan Hughes on this subject.

http://www.smartbusinessincorporation.com/blog/how-your-series-llc-does-business-in-other-states/



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