Real Estate structure for AL first rental and future growth

[Jordan Tomala]

I want to start investing in real estate. I want to buy my first single family rental property in Alabama. I already secured a NQ mortgage; therefore, the deal will be closed under a LLC or land trust. I want to set a structure that provides anonymity, asset protection, and tax advantages. I already have my WY holding LLC. I would like to know if the Alabama LLC must be created as a subsidiary of my WY LLC since the business address/registered agent is in WY or I have to use an AL registered agent to create the AL LLC that is going to own and manage the property. The AL LLC will be owned by my WY LLC to keep anonymity. I am currently a W2 employee. I will also move my primary residence as the second single family rental property in the next six months. If there is a better strategy, please also comment. Thanks for your time.