series LLC/ parent LLC

[Jim Chung]

hi everyone, just want to hear opinions about structure series LLC

I recently open up a series LLC. I ve a master/ parent LLC ( ABCD property group, LLC) , then I also open up a subset series I ( ABCD property group, series I, LLC) which I'm planning to put the property into it. there will be separate bank account with master/parent and my series I. My attorney advise me property should go into series I, II, etc

the question I ve is what do ppl usually do with the master/parent LLC.. does it become a shell?

I read everything should keep separate between series with rent, repair, bils.. If that is the case..how do I flow money to the parent LLC? or do I need to ? I'm abit confused what to do with the parent /master LLC itself

thanks