CA resident - Out of State Properties - Asset Protection

[Anurag D.]

Hello,

..CA-based beginner investor with RE-investments in multiple states.

> Assumption: Currently break-even, future cash-flow. ;Keep properties for long duration.; ..Two member (Husband + Wife) partnership.

> Purpose:

Priority# 1: Asset-Protection.

Priority# 2: Anonymity

Priority# 3: Tax protection (saving)

> Query:

Which could be the feasible option among:

- Delaware Statutory Trust

- Land Trust

- Series LLC (Multiple in each state); and then having a parent LLC. (WY etc..)

It is not known to me whether there would be any issues passing Properties in Land-trust to next generation…
Please share your views on how popular/optimum option.

Thank you for your assistance.

-A

[Greg Scott]

@Anurag D.  Be careful of the source of the "real-life details".  On this forum I have seen good advice, bad advice and advice to do things that was unquestionably illegal.