Regarding an attorney, it depends what you're looking to speak with them about - i.e. entity structure, partnerships, property acquisition, contract terms, etc.Anything related to a property or a deal can wait until the week of (sometimes the day before) contract review.For starters, I would recommend attending local investor meetups.

If you are closing in an entity and default, guess what? 

Its good to have the LLC here since that's a disregarded entity for tax purposes and you can get the best of the protection and losses 

@Mike DawsonBOI needs to know the owner of the entity so yes it’s you who has to file and provide your id if you own the LLCThe common misconception with Wyoming LLC’s is people think they are hidden it if you do real estate most forget that if you sell a property or get a loan, that document is recorded and your name is all over it - so it’s super simple to find out who owns it.

We currently own one door (split acquisition and closing costs and contribute equally to management and ownership), and have split equity and cash flows from the property - also pretty standard in my experience.My question is this - I want to purchase a house hack and would like to use our current business entity for accounting purposes (tracking income / expenses / etc).

You need a DBA only in one case:  You don't have a legal entity AND you don't want to operate under your own personal name.

@Fabian Escobar we typically advise clients to create a separate LLC (holding no assets) to act as management company for purposes of creating privity between that entity and the series LLC (which will hold the assets).

Good luck finding a reputable entity for home insurance.

Below are the only people or entities allowed to take title on property as of November 2023.

It is my understanding I can then elect subchapter s taxation and the LLC will be deemed a disregarded entity by the IRS.