Updated almost 6 years ago on . Most recent reply
Noob question (LLC's)
We have a Holdings LLC & a LLC in the state we live in. If we buy properties in our state under the state LLC entity. Can the rent checks go the Holdiings LLC?
The Holdings LLC is the owner (single member) of the state LLC and we obtained an EIN for the Holdings LLC but did not yet for the state LLC as I currently believe I don't need one. Hope my question above makes sense. Thank you