One LLC cannot "own" another LLC in the sense that you can own an asset.

I’m diving into real estate investing to build long-term wealth and secure financial freedom.

Make appointments to talk about your financial status, investing objectives, and borrowing choices with possible lenders.

I would ignore most of what's written on Bigger Pockets pertaining to LLC's and asset protection. 99% of the posts are grossly inaccurate.

It is a strong and versatile program, and it can more easily provide you with any list you want for larger properties and MF owners (among other asset classes).

If you sell property regularly as a primary business, or in the ordinary course of your business, you could be labeled as a dealer/developer and have your property classified as inventory rather than a capital asset.

Let's say I want to turn this into $30-40 million in the next 20 years, without liquidating everything, is there a way to leverage these assets to reach that goal?

I STILL live at home and my parents are urging me to get out of the house but I don’t want to make a big financial mistake and purchase something out of emotion.

I like to be hands-on and don’t enjoy the financial responsibility and management of W-2 employees.

I am completely new to this stage of my journey so wondering if there's some way I can leverage some of my other assets to make this work.