Company Structure and Tax Filing

[Elia Ziliani]

Hi, I want to start investing in commercial real estate, with an Umbrella Structure, I was thinking to open an LLC in Delaware filing a partnership tax return ( I will have the 99% of interest as main owner and a corporation than I will open, it will have 1%) and then having disregarded LLC as subsidiaries, opened in the State of the property that I will buy, and with these subsidiaries, I will purchase and sale/hold properties.

What do you think? 

- Should I use different tax filing for the Parent company and the subsidiaries? 

Thank you.