Land Trust and LLC Tools

[Alexander Merritt]

Hello BP! I'm a new investor looking into Rentals. I've been doing a ton of reading on Asset Protection and one of the combinations I've come across is purchasing the property using a Land Trust and LLC.

A Land Trust can provide anonymity on the Deed (so that the tenants, or anyone else for that matter, don't know who owns the property), but it does not provide protection against suit. An LLC would give you protection against suit.

Does anyone have any experience using these two RE tools together? What are the benefits or drawbacks? Is it worth all of the paperwork? Also, since I live in Maryland, are Land Trusts recognized and enforceable under Common Law?

Thanks In Advance.