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Todd Blyton
Pro Member
  • Rental Property Investor
  • Frederic, WI
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22
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Bookkeeping with multiple LLC

Todd Blyton
Pro Member
  • Rental Property Investor
  • Frederic, WI
Posted Sep 4 2019, 06:20

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?

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