Zeke Mohammod - land trusts are for anonymity and not protection.

The downside is it won't provide the anonymity that many seek through LLCs or Trusts. 

Creative marketing for investors... but dangerous since the Jobs act and SEC 506 exemptions don't allow anonymous soliciting investments unless you've done an A+ filing, or there is one 506 SEC exemption that allows advertising..It all goes well until there's a blow up and a lender makes a few calls to the state SEC etc.  

I have done the anonymous route before, but find that disclosure works much better.

The land trust gives you anonymity, and maybe some title insurance transfer savings and DOS avoidance, but no protection and no tax advantage. 

Finally, with the use of Trusts while establishing these structures you can add a level of anonymity by removing your name from public record.This isn't legal advice, simply my opinion as a real estate  investor.

It’s more for connivence and anonymity. 

Since these disclosures are private, and not part of the public record, it does not violate the anonymity you’re seeking.Please feel free to connect with me if you’d like to know more.

The fifth pillar is owning everything anonymously.

Eventually, with an extra layer of anonymity through land trusts (at the top between you and the LLCs and at the bottom between assets and holding entity).Here is a diagram to help you:And in your case, with partners, I would have each one form an LLC and have the LLC partner - that way problems coming from one of the partners is not jeopardizing all the other partners and assets.I can send you my notes on the whole asset protection question (dealing with structures, transfer, insurance, DOS, etc.).