Series LLC Questions | USTaxAid

Diane Kennedy's Blog

Series LLC Questions

Written by Diane Kennedy, CPA on March 29, 2012

homeThe Saturday webinar “Secrets of the Series LLC” is available for replay at

Learn how helpful these Series LLC can be for growing entrepreneurs and real estate investors.

There were a few questions that we weren’t able to cover in the webinar that I want to cover today.

Q: Can foreign investors also own Series LLC?

Yes. You’ll need to have a Social Security Number or ITIN from the IRS. Leave a note here on the blog if you’d like to find out more.

Q: If I already have a Series LLC, can an operating agreement be augmented?

Yes. Generally, you’ll need to amend the Operating Agreement to add in clauses that should have been covered the first time. This is not a do-it-yourself project, though, hire an expert. You can contact us through for more information on how we can help.

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