Land Trust+Umbrella policy OR Land trust+LLC
Hello all experienced real estate investors I need your guidance please :)
I'm starting to invest on out of state real estate. I'm skeptical on how to structure the trust and LLC OR just do land trust with umbrella policy. Assuming i plan to invest on 10 plus doors(Commercial)
1. Can I first buy the property under my name and then create a land trust. And then start an xyz LLC so I can assign the land trust under xyz LLC. Does this structure recommended for liability protection? (I know there is lot of debates on this topic in BP but am still confused going through YouTube and other online blogs) (mortgage: It’s investor loan with 25% down and I assuming there is no due to sale clause)
2. For anonymity shield can I create Wyoming llc and assign xyz llc under Wyoming llc? Does this really help with anonymity?
3. Does creating a Land trust help to be anonymity?
To Summarize, all am looking for is cover my bases from law suits if anything **** happens & to have anonymity.
Big investing gurus in this platform please advise.