C-Corp holding LLC's that Hold Property

[Henry Der]

Will be purchasing Ohio real estate for rentals and flips under LLC's. Planning to use a C-Corp to hold these LLC's. Can I use a C-Corp registered in a different state with better taxes, or must I use a C-Corp registered in Ohio? Other insights along this line would also be appreciated.

[Ned Carey]

@Henry Deryou need to get some legal and accounting advice.  Holding property in a C-corp is generally considered a terrible way to title property. 

A single member LLC is considered a disregarded entity. The IRS treats the LLC as if it doesn't exist. If the C-Corp is the only owner of the LLC then essentially the C-Corp owns the property in the IRS' eyes. So you would lose the advantages of an LLC and add the disadvantages of a C-Corp.

i don't know what advantage you think you might gain with this structure but it will probably not do what you expect.