How to hold rental - strategy

[George P.]

We have one rental (our first house) which is in both my and spouse's name, it has underlying mortgage on it. The plan is to have it paid off in whatever term remains. I am trying to figure out the best strategy that would allow us to achieve both anonymity and liability protection.
I first thought of a Land Trust, but with underlying mortgage remaining in our name, there is no way to hide it. Plus, won't be able to pull cash later down the road if deed is in Land Trust.
Any other suggestions?
thanks