If your past that disregard. 

That is another debate.If your land trust has only one beneficiary, then it could be totally disregarded for the IRS and the beneficiary will report it on its own taxes like the land trust didn't exist.If your trust has multiple beneficiaries, your trust may have to issue a K1.

The real value of education is knowing which knowledge to apply and when, if any of it needs to be tweaked for your specific situation, and which needs to be disregarded altogether.

If you're close to being under contract or are under contract, disregard this hahaOnce the world returns to a bit more normal, would be great to meet up and grab a coffee or drink in the city if you're still living locally!

But, in my limited experience, your LLC will be a disregarded entity, so from a tax return perspective it will flow straight to your personal returns, and the rental will still fall on a schedule E, like it would if you owned personally.To be clear, I own my rentals in an LLC. 

@Christopher SmithAn LLC treated for tax purposes as a pass-through entity or a disregarded entity is tax neutral. 

If you are single member the irs considers you a disregarded entity which means they don’t recognize the LLC for taxation purposes so everything is on your personal return.

In the future (if buying commercial properties) you should setup a new LLC as the owner of each property, and the member of each LLC can be a parent LLC that the cashflow flows up to, thereby making each new property's legal owner LLC a disregarded entity for tax purposes, while providing you liability protection for each asset in your portfolio and the bankruptcy remoteness that Lenders will require. 

Exeter; or (2) in my living trust (disregarded entity); or (3) joint tenants/joint tenants with rights of survivorship; or (4) tenants-in-common; or (5) single member limited liability company (disregarded entity); or (6) Title Holding Trust/Land Trust (disregarded entity); or (7) Delaware Statutory Trust (disregarded entity). 

Please disregard