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Updated almost 6 years ago,
Restructuring my business, any ideas
I have 3 rental properties (1) single family (1) tri-plex (1) 6 unit. They are all currently owned by 1 llc. I would like to place each individual property in a land trust owned by an llc which is owned by a holding company. So there would be (1) holding company (3) LLCs (3) land trusts. I would also like to have my welding service business ( llc with s-Corp status ) (which is not established yet) owned by the holding company
So I have 3 questions
1) can I remove the properties from my current llc and put them into a land trust?
2) can my holding company own the welding llc if it’s taxed as an s-Corp
3) will I be able to set up a Wyoming holding company myself?