Multiple Company Setup Question

[Don Ireland]

Hi All.  I'm trying to find and accounting solution for my real estate 
investing business and could use some advice.

For asset protection purposes, each rental property is wholly owned by 
an LLC.  Each LLC is wholly owned by my Solo 401(k) trust (the trust is 
the single member of each LLC).  I am the trustee for the Trust and the 
manager for each LLC.

I need to document all transactions for property a separately from those 
for property b and so on.

If I were to use Quickbooks, I'd use a separate company file.  Whats the 
best method with gnuCash?  Assuming that I'd use a separate file for 
each company, is there a way for the parent company to automatically 
show the child companies as assets?  Since gnuCash "knows" the value of 
each companys' assets and liabilities, I think one could say that it 
"knows" the value of each company.

-- 
Don Ireland