Subsidiary of parent corp.

For example, MMLLCs will generally run $1,200+ in tax prep costs whereas a SMLLC does not file a separate tax return and thus avoids tax prep costs (for the most part).To scale an entity structure without incurring high costs, you and your partner may form a MMLLC that then takes 100% ownership stakes in subsidiary SMLLCs that own the properties (assuming you aren’t syndicating).Or you may start a real estate fund that is a MMLLC with various share classifications.

I use AZLO (a subsidiary of BBVA) as they are free, 100% online (with physical ATM accessibility).

@Marcus MorrealeCanadians can often obtain mortgages from U.S.A. subsidiaries of Canadian banks - if they are purchasing in a state where that bank operates.  

Two different functions, are you familiar with subsidiary accounts and consolidated statements?

We want to set up our business as an LLC holding company with each property acting as a subsidiary LLC.

There are some benefits to having 2 LLCs in series with one being a parent company and the other being a wholly owned subsidiary. 

Taco Bell corporate all restaurants (best) Taco Bell subsidiary (for instance the 200 in Georgia are only guaranteeing the lease) Taco Bell large franchise owner in the business and has 150 restaurants all guaranteeing the lease.

The Holding Company has subsidiaries LLCs that manage/operate the properties in those states.

I found BU while doing some research about budgeting for rehab projects as one of my nonprofit clients recently started an LLC subsidiary and they are looking to have the LLC focus on home rehabs to generate revenue for the nonprofit.