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Updated almost 5 years ago on . Most recent reply
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Asset Protection Attorney for CA, MI, Ohio, WA rentals (CA res)
HI All, I am living in CA. Have rentals in CA, MI, Ohio, WA. I am looking for Asset Protection Attorney to help me to structure what best for me. I was thinking about doing the below vs. combine it with Series LLC.
Holding/Parent LLC to hold child LLCs.
1. 1 LLC in MI to hold all Detroit Properties. (child LLC)
2. 1 LLC in Ohio to hold all Ohio Properties (child LLC)
3. 1 LLC in WA to hold all WA Properties (child LLC)
4. 1 LLC in CA as holding all CA Properties (child LLC)
5. The Holding LLC (Parent) to be open in Wyoming to hold the above 4 child LLCs.
Then, also put the Wyoming LLC under a TRUST so my personal information is 100% shield/protect.
Thanks,
regards, Duc
Most Popular Reply
Have you looked into the $800 minimum tax for all LLCs doing business in California?
*The information contained in this post is not to be relied upon. Readers are advised to seek professional advice. This post does not create an attorney-client or CPA-client relationship.