An EIN is good for disregarded entities as you don't have to give out your social security number.The title company likely is asking for a W-9 form instead of a 1099.The W-9 form will mention items like your name/business name, EIN/SSN, entity status, etcYou would then be issued a 1099 by the title company by the end of the year.The next step is reporting the wholesale income on your 2021 return.

This is due to the fact that that type of irrevocable trust is a Grantor trust, meaning that it is treated as a disregarded entity by the IRS for tax purposes while the creator is alive, and [wife's] interest in the properties, as beneficiary of the trust, does not vest until the death of her mother."

Possibly some tax benefits as well, though those would be quite minimal -- not the main goal of this, just mentioning that it'd at least offset the cost of setting up the LLC Pretty sure your tax liabilities would be exactly the same if you have an LLC as they're typically a pass through or "disregarded entity". 

Disregard, I found a company for a reasonable price. 

If that LLC is a disregarded entity meaning she is the only member and it does not file it's own tax return, then again the activities of the property are also shown on her personal tax return.

When an entity SELLS to another entity it is not a family transfer deed.LLC was probably like a disregarded entity on your personal returns in the past.A real person can transfer a deed to a family member -called a family transfer, often not taxable -depends on relationship.

For you to disregard anyone who dares to disagree with your plan is at best foolish.....Having said that, I think it's a cool idea, but I'd bet it will cost far more than you have budgeted.

If you contribute the property into a simple single member LLC that elects to be taxed as a sole proprietor then  the LLC is a disregarded entity as the property will still be reported on your personal tax return where it is reported now.Any entity can do a 1031 exchange. 

If your LLC is a single-member LLC, then it will be disregarded for tax purposes, and you will report your rental activity on Schedule E and your real estate agency on Schedule C of your personal tax return. 

I did get two decent leads, and maybe a third but if it'll be at the expense of a complaint or worse, then I would have to surmise that it is best to not use this avenue.Funny thing is, in the voicemail, I clearly say something to the effect of, "but if you don't have any plans on selling then by all means just disregard this."