LLC Structure Questions

[Stephen Artzerounian]

Hi all,

So I am starting an LLC with two partners for rental property purposes and feel like I am over thinking the structure.

We will be investing in Connecticut and Pennsylvania my first thought is to use the parent-subsidiary structure. My plan is to create a parent llc and then for each additional property I would create an llc. Properties would then roll-up into the parent.

My main concerns with this structure are:

1. If a CT LLC owns a subsidiary LLC in PA do I have to file as a foreign llc in PA? Would the parent be considered as doing business in PA in this situation?

2.With the parent subsidiary structure, if there were legal issues with the parent, wouldn't the other subsidiary assets then be in jeopardy? Because of this is it advisable to have another separate LLC where we are actually performing all admin functions such as creating and signing legal documents? Or would it be better to have the legal documents signed under the parent llc?

Any and all clarifications/comments are very much appreciated. Been a lurker for awhile and now making my first post. Thanks all!