Would you guys ever recommend creating a Delaware Statutory Trust to hold rental property instead of multiple LLCs for California-based property owners? Assume +/- 5 rental properties each with $300k in equity. Some articles recommend Single DST → Child Series → Land Trust → Owner of Single Property.
The question is whether saving the $800 annual for each LLC is worth whatever additional tax / bookkeeping / loan paperwork complexity a series DST creates.
Thanks for keeping things real!