@Anthony Dupre For out-of-state real estate investments, consider creating subsidiary LLCs in each property’s state for liability isolation, owned by a parent LLC in a state like Wyoming or Delaware for anonymity and strong asset protection.

Anonymity is NOT asset protection........Tell it to the Biden's.... 

I assumed he wanted some anonymity on BP but instead of using Bob P (like Dan H) used an alias Bob Stevens.  

Also anonymity today is a joke, I can find out within 3 minutes and a simple $1 skiptrace who owns a property and where they live.

And the main reason that people place investment property into an LLC is for anonymity.

@Brady Hales @Jason Marino, aren't you supposed to register this WY LLC in the state you are living in as it is considered doing business from that states and then losing the anonymity purpose of that WY. my understanding is that the reason to put it into a irrevocable trust is for asset protection purpose as you do not own these properties anymore. what am I missing ?

Here is one, remove corporate anonymity.

.: I don't even know how to anonymously report a post?

In Florida, land trusts offer some unique benefits similar to an LLC, such as asset protection and anonymity, which makes them especially appealing in creative real estate deals.While LLCs are often more widely used because they’re familiar to investors and offer clear liability protection across multiple states, land trusts can be highly advantageous in Florida due to the specific protections our state law provides.

Adds another layer of anonymity.