Benefits of Having Wyoming Holding Company

[Luke Tetreault]

We are fairly new to real estate and were told to set up our LLCs under a holding company in Wyoming. The people who we worked with in the beginning that had us structure our business that way are no longer accessible. We were more told than we were taught, so I want to know why. I am looking for the benefits of having a holding company in Wyoming and why we would want to be structured this way. Thank you for any input.