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Updated over 2 years ago on . Most recent reply

Victor Genel's profile image
Victor Genel's profile image
Victor Genel
  • Rental Property Investor
  • from Elgin, IL (Elgin)
  • Member since Mar 22, 2022
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7
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4
Votes
Victor Genel's profile image
Victor Genel's profile image
Victor Genel
  • Rental Property Investor
  • from Elgin, IL (Elgin)
  • Member since Mar 22, 2022
Connect
Victor Genel
  • Rental Property Investor
  • Elgin, IL (Elgin)
4
Votes |
7
Posts
Off Topic

Multiple LLCs or have a parent LLC?

Victor Genel
  • Rental Property Investor
  • Elgin, IL (Elgin)
Posted

Hello. Need some advice on how to manage multiple LLCs. I want to group my properties by state with different LLC entities for each state. But I want my main entity to be a owner or holding (?) company. Is it worth it the have a parent LLC or keep multiple LLCs? I was understood that having a parent company would make filing easier. Would appreciate any personal experiences. Thank you in advance.

Chicago, Illinois
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