LLC owned by another LLC
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Introduction
How to File a LLC return (1065) for partnerships that own mutiple LLC's (holding co.)
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About the Topic
I have a group which includes a LLC that acts as a holding co. There are a total of 3 other LLC's. One is a holding co. The holding company is owned by 4 individuals. The 3 other LLC's are all owned by that holding co. There was activity in all 3 of those llc's for 2007. My question is do I file returns for all of those LLC's and issue K-1's to the holding Co. Then file the a return for that holding LLC which is owned by the 4 individuals? Secondly, if there need to be distributions does one of the 3 llc's distribute to that "holding" llc then distribute to the individual owners?
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