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Land & New Construction
HomeForumsLand & New ConstructionHolding Company for Developers?
Mitch Bernstein's profile image
Mitch Bernstein's profile image
Mitch Bernstein
  • from Marlton, New Jersey
  • Member since Mar 9, 2014
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Mitch Bernstein's profile image
Mitch Bernstein's profile image
Mitch Bernstein
  • from Marlton, New Jersey
  • Member since Mar 9, 2014
Connect
Mitch Bernstein
  • Marlton, NJ
3
Votes |
25
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Land & New Construction

Holding Company for Developers?

Mitch Bernstein
  • Marlton, NJ
Posted Apr 13 2014, 20:05

I am becoming a builder/developer and wanted to know if I can start an LLC as a holding company, and then build each project under it's own LLC. The project LLC's would be held by the holding company LLC, in theory. Is this possible?

The hope is that it would provide protection and keep each project's liability separate. HOWEVER, if possible, how does this apply to the builder's license? Can each LLC under the holding company operate under the Holding company's building license?

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