Series LLCs, so far, are falling short of the confidence that multiple LLCs foster. Additionally, the most tax-hungry states (like CA) have started requiring each series/cell to pay it’s own set of taxes, franchises fees, and filing fees when doing business in that state.

As far as wanting legal analysis of cross liability protection from one entity to another… mounds of statutory law and case law exist going back hundreds of years. That’s certainly outside the scope of my blog, and you should talk to an attorney.

Jeff

Can anyone direct me to definitive law regarding the cross-liability protection (or lack thereof) of Real Property Investment A from Real Property Investment B inside of an IRA?

Who is knowledgeable of both the case law and the formation of series LLC’s in which a master LLC is created, with individual real properties being placed in the sub-series (or “cells”) LLC’s beneath the master? I’ve read a little about these (in theory), but have found little full blown explanation, little case law discussed, and almost no attorney who knows what I’m talking about or can set one up for me.

Thanks.

If I understand you correctly you personally own a property, and you have an outstanding Solo 401k participant loan. You want to create an LLC and transfer the property to it.

That said, I don’t understand your question. Please clarify. Thanks.

I would like to protect my personal assets by using an LLC as mentioned above.

1.Can I establish the LLC, deed the property to the LLC, and loan the purchase money to the LLC from the 401(k) loan?

2. What issues (if any) do you forsee with this?