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Updated over 2 years ago,
WST vs. a rental property in AZ
Hello All -
I am a newbie and I got WST set up in Wyoming (for privacy and protection).
Now that I wanted to purchase a rental property in AZ, what would be the best LLC structure to set up?
I received some suggestions but still could not connect the dots yet...
1. WST (acting as a holding company) to hold a rental property and a separate domestic operating AZ LLC set up to handle all rental transactions with local property mgmt companies (operating LLC owns no asset)
2. WST is a sole member of Domestic AZ LLC which holds the rental title and conducts rental transactions
Appreciate your thought. Thanks
Kenny