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Updated about 1 year ago,
How should I set up the holding and subsidiary LLC?
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