Company Structure

[Steve Lyman]

Hello, I have a question regarding structuring LLC's. I read a lot about creating a LLC for each MF property, which I do but my question lies at having a "parent" company listed as the managing or Class A member of each property. I look at a lot of other larger properties and each one of them is under a "parent" company, though each of their properties may be individually LLC'ed. See below... Steve Properties, LLC is the managing member for... - ABC Apartments, LLC - XYZ Apartments, LLC And so on...