If a person is say a slumlord who delights in breaking every law available until forced to comply, well than that person should make it a top priority right after therapy, although if your like most landlords looking to make a reasonable profit operating a legal legitimate operation than it is the rare oddball incident we are talking about, and for that insurance is a key piece not building a maze of entities.Myself I operate a s-corp as a parent company under which my other companies are held as subsidiary companies, all formed as LLC's.

In these cases, property owners contribute their real estate directly to the Operating Partnership subsidiary.

Accounting is a subsidiary of finance, a required subject for finance.

If the IRS allowed you to deduct 52k per business, wouldn't everyone who wanted to deduct more just form series LLCs or multiple subsidiaries, and pay themselves accordingly?

The subsidiary companies I want to form are in the same Real Estate field, but very different from each other.

It is far simpler to create a holding company and place individual properties in that or to create subsidiary LLCs wholly owned by the Holding Co to hold particular portfolio assets.

Thus the news with the Baidu subsidiary.

Each property is generally put into a subsidiary entity under my main company.

A financial holding company or a bank holding company, as defined in ORS 706.008, and you do no more than control a subsidiary or affiliate, as described in 12 USC 1841, and do not engage in the business of a mortgage banker or broker.

Under this agreement, you condense all of the expenses to one LLC, but you still have to do the bookkeeping to reimburse the parent from each subsidiary.