Atlas Real Estate consolidated 8 properties across 4 states into a Series LLC structure
An individual investor with 8 rental properties across 4 states reorganized from 8 separate LLCs into a Delaware Series LLC with foreign qualifications. File.Business handled the structure transition, multi-state compliance, and unified reporting.
8 separate LLCs in 4 states. 8 annual reports. 8 RA fees. 35 hours/year of compliance admin. 4 different state regimes. $4,800 in fees + RA. Bank fragmented across 4 banks.
1 Delaware Series LLC with 8 protected series. 1 master annual report + foreign-qual annual reports in 3 other states. $2,400 in fees + RA. 8 hours/year of compliance admin. Unified banking through one institution.
Background
Solo real estate investor with a portfolio of 8 rental properties across Texas, Florida, North Carolina, and Tennessee. Each property had been formed in its own state LLC, resulting in 8 separate annual reports, 8 separate banking relationships, 8 separate registered agents, and 4 different state compliance regimes to track.
Annual compliance was costing $4,800 in state fees + RA fees and 35+ hours of administrative time. After analyzing options with File.Business, the investor reorganized into a Delaware Series LLC with each property held as a separate protected series, foreign-qualified in each operating state.
The entity stack
Outcomes
- $2,400 saved annually on state fees + RA across the portfolio.
- 27 hours/year saved on compliance admin (35 → 8 hours).
- Liability isolation preserved per property via Series LLC structure.
- Single dashboard for all 8 properties in File.Business Vault.
Run your business through one platform.
From formation to ongoing compliance, File.Business handles the entity stack so you can focus on the work that actually grows the business.
Four steps from request to delivery
File.Business runs your filing on a single concierge workflow. You provide what we need; we handle the rest.
Tell us what you need
2-minute intake. We confirm the filing type, jurisdiction, and any supporting documents required.
We prepare the filing
Our specialists draft the document, validate against state requirements, and queue for your review where required.
We submit to the state
Filed through the state portal. We pay the state fee, track the submission, and resolve any state correspondence.
Confirmation in your vault
state-required document delivered to your SOC 2 encrypted document vault, with deadline tracking for the next filing.