LLC vs. Land Trust

I’m looking to do my first wholesale and will probably create a new LLC that will be assigning the contract for asset protection. Is this one of the steps you folks are using…or is a Land Trust the way to go? Creating an LLC online here in WI is pretty darn easy. Pay the fee on-line and that’s it. Then sell the LLC to my end buyer along with the contract. Suggestions and thoughts please…

Nate-WI

Is this an asset protection technique you’ve read or heard about? I frankly don’t see the point in “selling” the LLC (although I am no asset protection expert).

Given the limited information in your post, I would put the purchase contract in the LLC name, then just do a simple assignment of the contract. I would use a land trust only if i needed to control the deed. Just offer information that you may or may not consider legal, not legal advice :).