Good afternoon,

I'm just getting started in real estate investing and I'd like to know opinion on creating an LLC for the purpose of limiting liability on these houses.

1. Is it possible to create a parent LLCs and have sub-LLCs underneath it?

2. Can you keep ALL profit in your business to stay in the businesses account and NOT draw it out?

3. If you do not withdraw the profits from your LLC is it still taxed since its not being allocated to an LLC member?

You might ask why would you not withdraw, and the reason is I'd like to keep all profits for now in the business for reinvesting and fixing things. I'd like to not spend it by withdrawing for myself (income) right now. I have a particular number I'm waiting for. 

4. With an LLC that is multi-member, you can allocate percentages on what each members draw is correct?

5. Should each house have its own LLC and are there benefits to this?