"DMM has worked great for me",  What exactly do you mean by " it works for me" and what do you mean by "it works great".

As my first project I would like to purchase the property out of the trust, maybe move into my newly formed LLC, and convert to a 2 family.

They sent me their seller intake form with a list of properties that are being sold and a form for the new investors.

I have to pay state and county taxes and also do direct bookings, so I found this to be easiest for me to handle each quarter. 

Love it.big issue for me is you lose all control when you go into a syndication..

Was worth it big time for me.

I'm looking for recommendations on:- Experienced attorneys or firms that specialize in forming LLCs and trusts in Wyoming and Illinois.- Insights on the best practices for structuring these entities for optimal asset protection and tax efficiency.- Any potential pitfalls to watch out for during this process.If anyone has navigated a similar setup or has referrals to professionals who can help, I would be extremely grateful for your input!

In CHS, the county assessor has a two page form that you complete and file with the assessor's office, similar to applying for the legal residence exemption. 

I was working with an agent and unfortunately a lesson learned for me.  

William Coet one big reason for me is attorney fees as a small owner.