Holding LLC location
I live in Kansas, and have a few rentals in Kansas and Missouri. I would like to structure my rentals for privacy and liability. I also manage all and do repairs, sometimes hire contractors if I can not do the work.
Im thinking on openening a Holding LLC in Wyoming, to take advantage of the charging order protections (better than KS and MO), then open one LLC per property. The initial fee to open an LLC in MO is only $50, and no annual fee, one per property is not a big expense. In KS is a little more $160 to open then $50 per year.
My questions are:
1- Its it worth it to have a holding LLC in Wyoming for the COP and Pay for a registered agent? or open the Holding company in MO?
2- Why is it recommended to open the LLC that owns the RE in the same estate were the RE is located? can I open all in MO, the filing fee is less in MO?
3- If the Holding company gets sue, will all the LLCs inside of it will be expose?
Thank you for your advise.