LLC and Land Trust Question

[landtrustme]

I posted a question in the main hangout section that is kind of related and my friend wanted me to ask this question regarding their situation. Can you please answer it so I can forward it to him. thank you ;D

I have a business in California and looking at buying a property in Arizona and possibly another state. I want to set up a LLC for each of them for lawsuit protection and tax benefits. Should I set up a separate LLC for each of these businesses and properties or 1 LLC with separate land trusts for each?

[m007cashinvest]

Yes you would want to set up completely seperate entities. This will keep the assets seperated if and when a lawsuit happens.
and willl not co-mingle the 2 properties.

[badeconomy]

just forwarded this to someone i know that needs it. great stuff on this board, thank you.