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Updated about 1 year ago,

User Stats

133
Posts
42
Votes
Jin Zhang
  • Rental Property Investor
42
Votes |
133
Posts

How should I set up the holding and subsidiary LLC?

Jin Zhang
  • Rental Property Investor
Posted

Hi everyone, 

I am trying to set up an anonymous holding LLC and one anonymous Georgia subsidiary LLC (for my Georgia rental) and one anonymous California subsidiary LLC (for my California rental). I am a bit confused about how to set it up. Could you share your view on this?

Holding LLC:

1. Which state should I choose? Wyoming or Delaware? 

2. Should I set it up as member managed instead of manager managed? I put my own name as the member. 

subsidiary LLC:

1. Should I set it up as member managed or manager managed? 

2. If I should set it up as member managed, should I put my holding LLC as the member?

3. If I should set it up as manager managed, should I put my holding LLC as the member and myself as the manager?

4. Is the manager of a LLC could be found in public record or a lawyer?

Thank you! Any suggestions would be greatly appreciated. 

Best,

Jin 

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