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All Forum Posts by: Steve M.

Steve M. has started 1 posts and replied 2 times.

Goals, Business Plans & Entities

Post: Question about LLC and EIN

Steve M.
Pro Member
Posted
  • Investor
  • Pennsylvania
  • Posts 2
  • Votes 2

Carl, thanks.  I have reached out to an attorney!

Steve

1 Vote
Philadelphia, Pennsylvania
Goals, Business Plans & Entities

Post: Question about LLC and EIN

Steve M.
Pro Member
Posted
  • Investor
  • Pennsylvania
  • Posts 2
  • Votes 2

All, I have formed 2 LLCs: 1) manager managed (parent), called LLC A; 2) member-managed called LLC B. My wife and I are managers/members of LLC A and LLC B is member managed and the sole member is LLC A. I just received my Federal EIN for LLC B and in the address it has my name listed as "SOLE MBR". Does this matter? In my operating agreement for LLC B, I specifically state the managers/members of LLC A have full authority to make decisions, execute contracts, etc, but there is no explicit personal info listed for LLC B.

Any help or guidance would be appreciated.

Thanks

Steve

1 Vote
Philadelphia, Pennsylvania