Updated over 3 years ago on .
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SOMEONE PLEASE EXPLAIN HOLDING LLC'S.
I recently was told that I should place all of my properties in a holding LLC and manage them through my property management LLC. I don't quite understand the concept of holding LLC's though. Do I just put all of my properties in it or does each property need to be its own entity which is owned by the holding LLC? Can someone please clarify this for me?