FEIN needed for a LLC (for a buy and hold land deal) ?

[Marco Trimborn]

Hi,

I am considering to buy a land deal in Nevada with other friends of mine and we are looking to set up a multi-member LLC in the state of Nevada for this. The LLC will only hold the vacant land for the moment and not have any employees.

Reoccuring expenses for the LLC would only be paying the property taxes as far as I understand it and that´s it.

My questions:

-Is there any need or advantage to apply for a FEIN for the LLC ?

-I know I cannot open a bank account for the LLC without a FEIN....but I might as well just pay the property taxes via my own personal account I guess?

-Would we need to file tax returns for the LLC if we were to obtain a FEIN, even if there was no generated income, since it will only be a buy and hold deal?

-How do the property taxes get deducted if we were not applying for a FEIN?

Thanks to everyone in advance

Marco