I ask this question among many others in the initial questionnaire.  

If X passed away after their initial stock purchase and named person B as a beneficiary in their Last Will and Testament, B’s new inherited stock basis would be the stock fair market value on X’s date of death.

Don't have to be on the deed even to declare it your homestead.It may be splitting hairs, and I may have been unclear in my initial post, but I believe homestead laws are designed in part to protect non-title holding spouses, so if the new wife moves into her husband's house he cannot sell or mortgage without the wife's consent nor can it be forced to be sold to pay involuntary creditors (as opposed to voluntary creditors such as mtg/DOT lenders). 

I'm looking into having someone help me do the initial setup while we are still small and then transition to full bookkeeping later on.  

I know I can initiate eviction but I am ok if tenant live without complaining til they find new home.

@Ray DetwilerMy head hurt just reading your initial post.

I agree with this high level (Private Money = Individual, Hard Money = Company Non-Turnkey Product).I've been begging (mostly to no avail) for better clarity and definitions here for these to avoid confusion - BiggerPockets IMO has a HUGE opportunity to set and create the "gold standard" universal definitions of loan types with just a little initiative. 

A lot of the podcasts I’ve listened to said just to verify how many non related tenants can occupy the property since different municipalities are different, some 3,4,5 etc. so that’s why I initially reached out, but was surprised to have zoning tell me it’s not allowed in a few cases.

I wanted to have the same title company for the entire process and was fortunate to find ETS as they would know from the beginning everything about the exchange and the parties involved and were licensed in both states where the sale and purchase transactions occurred.My initial conversations with Dave still left me with questions but only those that I did not know what to ask having not gotten to the different phases of this entire process.

Companies that are required to comply (“reporting companies”) must file their initial reports by the following deadlines:Existing companies: Reporting companies created or registered to do business in the United States before January 1, 2024 must file by January 1, 2025.Newly created or registered companies: Reporting companies created or registered to do business in the United States in 2024 have 90 calendar days to file after receiving actual or public notice that their company’s creation or registration is effective.Beneficial ownership information reporting is not an annual requirement.