Try to get most of your learning out of the way before you try to do a transaction.Buyer seller agent    Commission splitNo subject to financingZoningMarket 3/2 2/1 parking school districts addl ADU property taxes insurance flood zones etc etc.  

It allows us to pocket a pile of tax free cash from the sale of our primary.

You can use 1 EIN for both since you are DBA under holding co LLC or if he believe you should get a second LLC EIN number for tax purpose. 

If I purchase in the name of the LLC and move it into the trust then the LLC no longer owns the property (mortgage) and are there tax consequences for the LLC to do this and should I dissolve the LLC?

What is the tax basis for the lot and what income tax will you owe?

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's website for all to see.

Official paperwork should be prepared with a real estate lawyer, and financial examination should take into consideration interest revenue, tax consequences, and market circumstances.

What rate is passive income taxed at?

Keep using your 2/5 primary no tax up to $250,000 and your basic rent offset cost for the investment.2.  

A lot of areas are cracking down on STR and/or charging fees (taxes) to run one.