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Updated almost 6 years ago on . Most recent reply

Todd Blyton's profile image
Todd Blyton's profile image
Todd Blyton
  • Rental Property Investor
  • from Frederic, WI
  • Member since Jul 14, 2016
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Todd Blyton's profile image
Todd Blyton's profile image
Todd Blyton
  • Rental Property Investor
  • from Frederic, WI
  • Member since Jul 14, 2016
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Todd Blyton
  • Rental Property Investor
  • Frederic, WI
12
Votes |
22
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Goals, Business Plans & Entities

Bookkeeping with multiple LLC

Todd Blyton
  • Rental Property Investor
  • Frederic, WI
Posted

Setting up a holding company say in Wyoming to hold your LLC's as disregarded entities set up in other states to hold your rental.

Would you set up one set of books and treat each state as a subsidy in the books of the Wyoming LLC or would you set up a set of books for the Wyoming LLC and each entity having its own set of books?

  • Todd Blyton
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