Series LLC or Wyoming Holding Company?

[Carlos C.]

Hi to all,

I had a consultation from a referred lawyer (here on BiggerPockets) a couple of days ago. The Youtube videos and a few reviews were excellent.. but the person that I had as an advisor was a "presenter" not a lawyer... I emailed him several questions the day before and confirmed that he received all the questions with him via email... he had plenty of time to get the answers... he said that all my questions will be answered during his presentation... well I was VERY disappointed. The presentation gave me the same information that I found on this forum and others, and several youtube videos... what a wast of money ($150). The only new information was the "packages" that they offered... overpriced IMO.

So im going to ask members your opinion.

We have a few properties in 2 estates, we live in one of this estates.

Should we...

1- Open a Series LLC, then a Land trust to "mask the owner ship of it", then open child series, open another Land trust, deed one property to it and do the same for every child series? This was suggested by the company that offered the consultation.

2- Open a holding LLC in Wyoming, then open one LLC per property and deed one property to each one... all LLCs will be owned by the Wyoming LLC.This is the setup suggested by another company.

This is a basic explanation... but is a complex thing to explain in writing... it would be easier if I can draw it. :)

Thank you for your help and suggestions.