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Video instructions and help with filling out and completing Form 1065 Schedule M 3 Pros

Instructions and Help about Form 1065 Schedule M 3 Pros

Multi-member LLCs are not always required, as it depends on the state's statute. For example, in Texas, a single-member LLC is allowed. However, in Florida, you need more than one member, and they cannot be married. - It's important to note that you can file a Texas LLC and use it in any state. But when the court reviews the validity of the LLC in another state, they will check if it was properly formed in Texas. - I recommend forming your LLC in Texas or a similar state with strong asset protection laws. This way, you won't get caught on a technicality. - My name is Scott Smith, an asset protection attorney from Austin, Texas, and a real estate investor. I'm here to help. - Thank you for watching this video. If you want more high-quality content like this, you can find it on our YouTube channel or our website, royallegalsolutions.com. We offer free content such as blogs, videos, and podcasts. Whatever question you have, we have it covered.