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Updated over 2 years ago, 05/26/2022

User Stats

641
Posts
204
Votes
Jose Castillo
  • Flipper/Rehabber
  • Springfield, MA
204
Votes |
641
Posts

Create Holding Company

Jose Castillo
  • Flipper/Rehabber
  • Springfield, MA
Posted

I'm converting my already aged LLC into my Holding company and then creating a subsidiary LLC owned by my holding company.

What's the best way to set this up in a manner that allows me to pass money through my subsidiary up to my holding company?

What agreements would I need?

When money is made from the subsidiary business Do i just deposit money into the subsidiary account, and then write the holding company a check of the full amount?

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