Multiple LLCs

by Mike J
(Davie, FL, USA)

If I have three distinct LLC's, am I better off having one LLC or Corp own the three or just run them all separately? Thanks

Answer

If you've already formed 3 LLCs, you're asking if you should form a fourth to act as a "parent" LLC.

I don't see any compelling reason to create another entity. If you have an advisor (such as an attorney or accountant) who can articulate a good reason for creating a 4th entity, then you should follow their advice.