Should You Create an LLC Holding Company?

Should you create an LLC Holding Company aka an umbrella company? Well, the truth is... it may be exactly what you need. Learn how to create an LLC holding company, the reasons why you should consider it, and more.

Now, what is an LLC holding company?”

Simply put, a holding company is a parent business entity. Also, a holding company can be referred to as an umbrella company. Same thing.

And you should know that even though we’re focusing on LLC holding companies today… a corporation can also be a parent company.

Video Outline:
Should You Create an LLC Holding Company? (0:00)
What is an LLC Holding Company? (1:24)
What Assets can an LLC Holding Company have? (2:20)
How can an LLC Holding Company be Financed? (4:30)
How can you use a Holding Company? (5:48)
Midway Summary (8:28)
Advantages of Umbrella LLC Companies (8:44)
Disadvantages of Umbrella LLC Companies (12:25)

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

[courtneyantonio]

I had to pay $25k to learn this information. But we have a family trust that owns the holding company for complete anonymity.

We also have a subsidiary LLC that hold all of our family vehicles, one for our family home, and separate ones for our fix and flips, rentals, and notes.

This was our first year running K-1s and taking bonus depreciation for 0 tax. Throw in a whole life policy and a CTR doing affordable housing and we will never pay tax again.

You know your stuff, keep at it.

[WADYNASTY]

I’d also like to see a video of you breaking down how to create a holding company. I’d also like to know how would the management work if it’s one person operating multiple subsidiaries by themselves?

[richardstrickland]

Basically want to establish each llc. Build a great team move forward to the next. In the end have several LLcs profitable on their own merit but have a holding LLC primarily myself to determine, evaluate, oversee business progress from distance, adjust management or systems

[tezt]

Thanks....love the new generation of people who are helping others....and the people talking about it are mostly are...

[TMMcKinley]

I work with clients who have Holding Companies. This content is CRUCIAL!!! Please keep educating, it is very much appreciated!😁🥰

[angelamarciano]

I’m currently a sole proprietor, but think of moving to llc. Also realizing i want to split the two arms of mybusiness. I dont have much knowledge of business. Thank you for keeping it clear and simple!!

[connor]

I started a holding company about 2 months ago. I’m 20 years old. Currently forming the first subsidiary and working on partnering a second subsidiary. I jumped in head first to this and learned quite a bit but there is still more to learn. Would you’re channel be able to create a guide specifically on the quarterly and annual tax requirements and how it would work for holding companies and it’s subsidiaries that may be partnerships? This would answer many tax questions that other people without holding companies would love to hear.

[GojiCenter]

Wondering what are the tax benefits of having a holding company. Especially when it comes to owning real estate. Would the real estate "depreciation" also be deductible to the overall revenue of the holding company? Forgive my ignorance but my brain is just flowing with ideas but idk if they are true. Great video! I already watched the follow up video for this too.

[Choosingciara]

Good card - I was also approved. Very simple process they don't check your credit nor do you have to PG. A day after applying the gentleman called and finished setting up my profile for $3K.

[villanuevaruth]

I want to thank you for specifying the LLC means. I have LLC but dont know what is it all about, I just thought of an opening a businees and that it. God Bless. more power.

[denisetaylor]

This has been by far the best explanation of a holding company video. Thank you

[elijahisaiahx]

Yes, we have a holding ompany in WI and acquiring diferrent companies in the Construction sector. So this video is a JEWEL!

[musawenkosimakhoba]

Brother. What's the difference between the holding company vs a holding trust and which is a better choice when wanting to seperate yourself as a person from the everyday operations but just be a big decision maker like in a board situation?

[marquetaharris]

Please continue to make these videos. I have been held back far too long because of gatekeepers.

[vegasstrongsanchez]

Wow I'm not wasting my money on stacks after watching this video. Thanks bro

[itsbuffy]

I'm only here bc I love his voice and the way he speaks.

[knicw]

Ya'll are A-mazing. I just binged watched about an hour of videos. Everyone needs this info. I am CPA in private practice. The way you present theze jewelzz of info is just enough but not too much. I'm learning things I'd forgotten. Thank you for these refreshers!! If ever an opportunity to collaborate presents itself, I would love to do so.

[al-mubdizahir]

ive had my corporation at least two years. i just made that into a holding company and formed an LLC

[TheWhiskeyandKicksShow]

Very helpful video. I am reassessing and reestablishing my infrastructure as I have multiple LLCs being created. I needed this video!

[jonathanp]

Boutta binge your channel for the night, appreciate the info brotha