For real estate LLC, which is the best state to open in in terms of cost and asset protection? Wyoming or Delaware?

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Wyoming

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Curious why?

I've read that South Dakota is actually the best for real estate trusts.

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https://www.google.com/url?q=https://www.frontierbank.com/The%2520Advantages%2520of%2520South%2520Dakota%2520Trust%2520Law&sa=U&ved=2ahUKEwj5vp7YjMaMAxVZITQIHdQAFsAQFnoECAEQAw&usg=AOvVaw3_XUSSia4hosqjInoBpalK

here is a start. Basically perpetuity is the fairly significant deal here

First of all, if you are going to rent out a property you are technically operating a business. I always open up an LLC to own the property where the property is. But that is only the start. For investment vehicles who own the properties, I’d recommend Delaware or Wyoming. For these reasons: they both have series LLCs. This is great when you want to have numerous investment vehicles investing in LLCs that own properties. I prefer Delaware for this because LLC law is very well settled there, and, like Wyoming, owners are not of public record. Feel free to DM me if you have further questions, OP.

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