My objective now is to organize Texas Series LLC as a master LLC comprised of three (3) members. “Series LLC” is proper term for the master LLC or the actual LLC. A Texas Series LLC can have series or cells within the Series LLC framework. These individual cells are called “series”, but we often use the term “sub-series” instead to avoid confusion with the Series LLC. Example One – 3 Rental Properties w/ 1 Traditional LLC: Imagine a scenario where you own three rental properties that you rent to three separate families. You can create one traditional LLC to own all three rentals. This structure would protect the LLC’s owners from the liabilities associated with the three rentals. If, for example, someone is injured in rental #1 the injured party would have to
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