The first thing you need to do, is disregard the opinions of anyone who hasn't...It is very nascent and most of what's been going on since early 2017 has been pretty shady.

If you set up an LLC with only you and your husband as members (a single member by virtue of your joint tax return) and that LLC chooses to be taxed as a sole proprietor then it is what would be called a disregarded entity. 

This situation of a semi-conflict between the two sections kind of forces us to disregard the IRS instructions and report AirBnB on Sch E and not Sch C. 

I don't think they can claim multi family owner occ.. were you can legally disregard federal fair housing laws.. as it sounds like two separate units they just happen to live next door.however they got in is moot they are in and are in the process of destroying this rental..

However, if the LLC has only one owner, it can elect to be a disregarded entity for tax purposes.

There is only one tax ID number for the Series LLC so the tax reporting if you are the sole member would be as a disregarded entity (pass through) and you would keep separate accounting records in your quickbooks to "tag" the income and expenses of each individual series (just like you would for separate LLC's). $1200 is expensive when you consider the alternative that I am suggesting is infinitely expandable at no additional costs for the rest of your life.

First, disregard anything to do with your previous success for now.  

Disregard my posting. 

Basically you want to broker real estate without a license just like the other thousands of clueless people that have no idea what they are doing, have no education, and disregard for laws.

If your trust is revocable, it is disregarded for tax purposes so that shouldn’t cause an issue.