One formula I've seen published is (Purchase Price x .85) x 2.4%.

3) Are there any lesser-published notes or important things to consider with the new tax act that should give me second thoughts about putting my properties into an LLC and creating an actual business entity moving forward?

I would want to form the LLC in a state that doesn't require the publishing of owners.

Otherwise you're just gonna get phone book published data.https://findtheseller.com/

@Ben FreeburgAs far as reference, check out the actual IRS notice that was published (2019-7) as a starting point.

I'll definitely be picking up that book, and basically any book BP has ever published.

I don't understand why you couldn't give vague examples based on your experience or why you couldn't site specific published case law.

I was once audited in connection with book publishing revenue and while there was zero change to my return it was not fun... and it was expensive. 

@Todd Dexheimer Todd, that was a great article, thanks for publishing.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State website for all to see.