I want to start my own holding company, but currently don't have enough interested parties to give me money that I would probably fall under the personal holding company tax if I were to incorporate. I have noticed some sites saying an LLC like Lampert's setup avoids this tax. Is this true? I was also curious to know if Kirk Kerkorian owns all of Tracinda Corp. If anyone knows the answers to these questions or can direct me somewhere that may be more informative, it would be greatly appreciated.

Thanks all