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Updated almost 4 years ago, 03/03/2021
Manage LLC Structure with Rental Properties
Hi BP Community -
I have created an LLC to hold title of my rental property and a parent LLC that is the manager/owner of that LLC. The parent LLC will be the pass through and parent for all future properties.
For practical purposes, should have my management company put the rental income in the subsidiary's bank account or in the parent's bank account? Does it mater?
Thanks in advance for your help.