LLC and Holding LLC vs DST ?

[Johnny Weekend]

Hi everyone,

I read a few posts on LLCs and holding LLCs and wanted to dive a little deeper.

I live in CA but own a single family house in Ohio. I contacted Corporate Direct and Wyoming LLC Attorney (that's the website name) and both recommend I form an LLC in Ohio then a holding company in Wyoming given their favorable laws. The Ohio LLC would help protect against attack number 1 (tenant suing) while the Wyoming LLC will help protect against attack number 2 (personal liability). An added bonus it sounds like California I would only need to pay franchise taxes for the holding LLC even if I have numerous additional LLCs. Does that sound accurate ?

Also, initially I thought about Delaware Statutory Trust for asset protection but it seems that a LLC for the property and then a holding LLC will accomplish the same?

Also has anyone used Wyoming LLC Attorney to form the holding company? They are much cheaper than Corporate Direct and seem to provide the same documents.

Thank you!