All Forum Posts by: Roonaj Kanganathan

Hi, any help with answering this will be appreciated. 

Suppose that there is an LLC that has me as a member - LLC (A)

LLC (A) is listed as a Manager for LLC(B).

I am the equity investor in this whole thing.

If I want to buy a property in the name of LLC(B), who's account should the money come from?

1) LLC(A)

2) My account <-----(preferred option)

2) LLC(B) <-------(second preferred option)

So here’s something I can’t answer myself, maybe a more experienced member will know this right off the bat.

What happens to a real estate asset's ownership status then the LLC that owns it becomes dissolved?

Here is the twist: The LLC that owns the asset only has a Manager-a foreign LLC.

The foreign LLC has the investor as a member.

I can't quite understand what could prove that the investor is the owner and beneficiary since the investor is the owner of the foreign LLC, but the foreign LLC is only a Manager of the asset holding LLC.

Thank you