When set up properly they provide anonymity and avoid probate.

He can help you with the asset protection and anonymity piece, for a reasonable legal fee. 

This is for anonymity and completely understood in the industry. 

It is highly recommended to consult with a legal and tax professional before proceeding.Pros of deeding your STR to an LLC     - Liability protection     - Asset Protection     - Separation of Finances     - Tax Flexibility     - Enhanced Credibility     - Privacy and anonymity     - Easier ownership transfer     - Simplified estate planningCons of deeding your STR to an LLC     - "Due-on-sale" clause     - Increased costs and administration     - Potential tax consequences     - Need for separate finances     - Loss of homestead exemptionGiven the complexities involved, especially with potential lender issues ("Due-on-sale" clause), tax consequences, and the necessity of maintaining corporate formalities, it's highly advisable to consult with an attorney and a tax professional before making the transfer.

How about the supposed benefits of the anonymity? 

Happy to share anonymized deal terms or dashboards if helpful.Thanks in advance!

Perhaps even if you’d like to share your story anonymously, we’d still love to hear it.

The only real value is in potential anonymity until you have 10-20+ properties and you need to start segregating for tax purposes. 

The Fed reports individual governors’ votes for rate cuts anonymously via its Dot plot.

These tools could be helpful for you if you are concerned with anonymity and/or asset protection as you grow you engage in multiple deals.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.