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Updated almost 6 years ago,
LLC with Land trust? Which state to
Hi BP family,
I’m a overseas rental property investor started not long ago. Trying to get educated as much as possible and the more I get into it, the more complicated seems.
1, As for foreign investor, which state is the best choice to register a LLC or Series LLCs? Texas? Nevada? Wyoming? Maybe it got nothing to do with if you are a foreign national. It's all down to where is the best place to protect your assets?
2, My understanding is: Land trust solves the issue of anonymity; LLC protects them. Is that correct? So do I need both?
I would appreciate any referral or lead that handles my situation, as being foreign national, buying multiple properties, most important of all, protection for properties and anonymity.
Love to hear from all you experts and appreciate your input!