An official website of the United States government
Here’s how you know
The .gov means it’s official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
This sounds like series LLCs which we have dealt with recently. You are right, the different series of units are not separate legal entities, so you would look at whether anyone has the right to 50%...
You have it right on how to consolidate Parent and Subsidiary. On which financials to use, if the monthly reports of Subsidiary are deemed to be regularly prepared, it doesnt matter that they are not...
This sounds like series LLCs which we have dealt with recently. You are right, the different series of units are not separate legal entities, so you would look at whether anyone has the right to 50%...