I have an LLC (LLC A) that serves as the equity holder of another LLC (LLC B)


I originally invested 90k into LLC A to invest in LLC B.  Now that LLC B is starting to make money, annual distributions are being made.  I take the distribution and deposit it into LLC A's bank account.  The plan is to use LLC A's bank account for necessary and ordinary business expenses.  Since LLC A is purely a holding company, I'm a little unsure as to what can be considered "necessary and ordinary" business expenses.  




My original plan was for things like gas, office expenses, travel, dining, internet, and phone.  




Are these legitimate expenses for a holding company?




Do I need to keep an annual balance sheet for LLC A?