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Anna and Maria own 50% each of LLC 1. LLC 1 is the only owner of LLC 2 and also the only owner of LLC
Anna and Maria own 50% each of LLC 1. LLC 1 is the only owner of LLC 2 and also the only owner of LLC 3. LLC 2 owns 50% of LLC 4 and LLC 3 owns 50% of LLC 4. Classified each LLC as disregarded entity or a partnership to be treated for income tax purpose.
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