If I’m starting a holding company to hold other llc and different subsidiaries for fix and flips or rentals, should I get business credit cards under the holding company name or under say my Arizona subsidiary?

Good Morning, I am beginning to file for my Holdings company and I am unsure which is the better selection for taxes. S-corp or Partnership? Also once I get the LLC for the holdings company I will also be getting a su...

Hi, I have a general tax/llc related question.Does a holding/parent company (LLC) need an EIN and have to file taxes if the subsidiary/operating company will file for it's own taxes?I am inheriting/buying a family bus...

Currently 1/3'rd owner in 4 LLCs that each hold a separate single family residence rental.  The 4 LLCs are subsidiary LLCs to a parent LLC. If we sell one of the houses is that considered a distribution and we have to...

I wasn't sure which forum I might get an answer on, but since this relates to Commercial/Apartments. As its tax season, so hard to get the attention of an accountant on this one right this second. So here goes:For "go...

Hi All,
I currently have 3 LLCs managing my properties, and those 3 LLCs roll up into a "holding entity" LLC, taking my LLCs to 4 in total.
I understand that I need 4 separate bank accounts to prevent co-mingling of...

If i had lets say a WY holding manager managed LLC with subsidiary LLCs in the state that I invest in that are member managed with the holding LLC being the only member.Would this make it more difficult to find and se...

Hi! I'm a Canadian investor interested in investing in US real estate. I have invested previously using LLCs owned by an LLP. An LLP was necessary to avoid double taxation because LLCs are not recognized in Canada (un...

Hi everyone, I have opened a second LLC (child LLC) in Florida, owned by anonymous parent LLC in Wyoming (which is owned by me). I got stuck with opening a bank account for child Florida LLC. Got only one EIN that bel...

Hello,I'm sure this has been answered somewhere before, but  I cannot locate an answer.  I am looking to put my properties into an LLC (100% owned by me) and then create a parent LLC that would own the subsidiary LLC ...