Structure a business

[Jose Pena]

Hey BP members, I have been researching on how to structure the start of my rental empire. I hear a lot of everything...one LLC for each property...one LLC for all my properties...different tax strategies... My question is what is right? I want to buy rentals, have them protected and able to enjoy tax benefits. Can I get an opinion on the newest structure I’ve listed below: Trust ⬇️ Holding LLC (In LLC frIendly state) ⬇️ LLC 1(Rental 1) (In same state as rental) LLC 2(Rental 2) In same state as rental) LLC 3(Rental 3) In same state as rental) and so on... From my understanding the lower LLCs should have the income flowing to the holding company which controls them all. Could I get some help with this? 🙏