Hey Gustavo, The double taxation issue will likely be experienced by someone in your situation without the proper tax professional involved.

I don't know how we fix crime and schools without getting the Goobermint involved, which rarely works....Unless we gave tax breaks and incentives to builders and investors like us that would encourage us to take bigger chances and go develop some of these down-and-out areas......it's worked before.... 

Given that this deal was unique due to the inheritance, there wasn’t a traditional negotiation process involved.

It would save about $230/month and involves about 5k in closing costs and fees.

Hi, My name is Dorien, I am an experienced investor involved in wholesaling, to include all types of real estate development.  

For the better part of two decades I've been involved in real estate in some capacity including but not limited to: mortgage & real estate broker, developer, project manager, STR owner/operator/manager, international investor and beyond. 

Lindsey, you’re right there is a lot involved with house hacking out of state and I’ll be circling back to that particular method in the near future.

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.

Ask an accounting advisor if theirs any benefits to one or the other, but I haven't found anything significant beyond if theres a lawsuit, the LLC's state laws can be involved. 

This is not anything you want to get involved with at this point.