@Brian Eastman in talking with a few of the companies who set them up (eQRP and Nabers) their distinction was as long as you have 1099 income that counts as self employed in order to setup a solo 401k.

There are two very distinct camps on this subject.Some say a LLC is a waste and just go with a good insurance policy.Others say one must have a corporate structure to help protect you.IMHO - Do both!

In most municipalities these are two distinct departments.

Sounds like investing to me...you don’t have to be super educated to understand this distinction.

The mortgage paperwork doesn't make any distinctions about whether or not occupancy is on a trial basis, right? 

OR can you find an article anywhere about a 1957 ranch burning down because the electric wiring was installed incorrectly by the builder...Again, I see your points here and want to draw the distinction that I am not suggesting anything substandard, just asking from an end-buyers perspective.

That's a larger number, but has one important distinction - you can't eat equity.

You can find all of the rules here: http://www.cosl.org/laws.htmOr you can find regulations of post auction sale here:http://www.cosl.org/Purchasers can expect the sale process to require approximately sixty (60) days to complete, and can be broken down into three distinct periods.Once an offer is received…1.

Whether the courts of a non-series LLC state would respect the liability shields of a series LLC is not known.The IRS has issued proposed regulations providing insight into the IRS’ treatment of these entities:1) Each series within a series LLC will be treated as a separate entity for federal income tax purposes;2) Each series is allowed to choose its own entity classification independent of the classification of other series; and3) Each series should only be liable for federal income taxes related to that series.The proposed regulations do not address the entity status of a series organization for federal tax purposes nor do the proposed regulations specifically address whether each series within a series LLC should obtain a separate employer identification number (EIN) and file a separate federal tax return.Until final regulations are issued, I advise clients to obtain separate EINs and file separate income tax returns for each separate series which, I believe, helps each series maintain separate and distinct corporate identities, thereby reducing the risk anyone may be able attached a judgment to you or another series and pierce the corporate veil.Other ways to minimize the chance that one series may be held liable for liabilities of the entity as a whole (or another series) include the following:1) Create a separate bank account for each series (again, you’ll need a separate EIN to do this)2) Don’t commingle funds within series.3) Always sign documents in the name of the series.4) Properly document all loans between series.5) Conduct all transactions between series in an arms'-length manner at fair market prices using appraisals.6) Keep the assets and operations of each series separate from the other series.

First I will explain how it works for us with single family, and then explain the distinction for duplexes.