Holding LLC Does It Look Like A Sham ?

[Brent Crude]

I've set up a Wyoming LLC that will be THE Member of a California LLC (yet to be set up),

The California LLC will have a rental property, with income and expenses like a regular business,

OK, so California LLC looks legitimate, but what about the Wyoming LLC that is only a holding company and sole member of the

California LLC, so the Wyoming LLC in reality does no business and is only used for asset protection, Im just wondering if its not doing any actual business isn't there a possibility of being called a shame LLC ?

Happy Friday the 13 Th