Hello everyone, Question: I have a Delaware Series LLC.

And 1031 the money into a Delaware statutory Trust.

Probably a net benefit for any areas that choose to de-annex themselves.

They required 2 DE LLC's: LLC#1 my husband and I are 50/50 partners and LLC#1 is sole member of LLC#2 which will be the borrower for the loan and it is a disregarded entity.Since the expense has been incurred and we are set with another lender, and since LLC#2 is registered to do business in the states where the rentals are located we would like to use the setup.To date I am a Real Estate Professional, this is what I do full time and my husband holds a job.I believe that there will be no issue taking the loan to LLC#2, changing the deeds when the loan closes from us to the LLC and that income/loss will pass through to LLC#1.I believe that since LLC#1 is a partnership that again we still will continue to report income/loss to our personal return and I can continue to be considered a Real Estate Professional. 

These are viewed as more "hands off" investments since the tenant is responsible for operating costs, leaving you with less management duties.A DST is a Delaware Statutory Trust.  

@Oren H. if the properties are out of state you don't need to form the entity in CA, you can form it in the state where the property is located or in another state such as Delaware if you'd rather.

So, I purchased a house in Delaware county that is owner occupied.

I live in a Rural area and I'm brand new to this so Josh and Brandon and the 100 or so older podcasts I've listend to have made them my de facto mentors that have never met me lol; I have searched bigger pockets and I can't find anyone from my SouthEast Rural Illinois area that is active in Bigger Pockets; Do you have any tips on finding someone that could Mentor or just help me along in this area?  

Tu eras saying that Nosotros would take over management de the property; would that be en exchange por un(a) management fee that would apply como some kind de credit/discount toward the purchase price?

I'm also considering a DE holding company and then separate entities in MD and NJ, so good to know I'm on the right path!