@Angelica Lopez  As David correctly mentioned above, for buy and hold properties, the LLC is disregarded and the properties will be on Sch E of your personal tax return. 

Tell the seller you were going to offer $200K, but because now you’re on the hook for deposits, lower rent, etc, you e adjusted your offer to $187K (or whatever makes sense).

@Lynnette E.

Network with them and get added to their e-mail list.

I sent an E-mail to the seller to see if the bank would be interested in seller financing or getting creative. 

As much as I have to hedge my bets and make my capital s t r e t c h for all it's worth to live on the cash flow, the times I've made giant gains were always in the appreciation markets...So if you feel you actually have a cash flowing property, and your income is strong enough to carry it without stress if you weren't conservative enough in doing your numbers, get anything you can in BZN I say and watch it go through the roof over time. 

We are thinking:a) 1 Trust for each rentalb) Trust's Trustee: Disregarded LLCc) Trust's Beneficiary: Regular LLC that manages the Disregarded LLC (Trustee)d) We (my husband and I) manage the Regular LLC (Beneficiary)e) Each new rental will have its own Trust, but all the Trusts will have the same Disregarded LLC as the Trustee, and the same Regular LLC as the Beneficiary.f) To add more protection, we are thinking about making a loan to the regular LLC (Beneficiary) to purchase the  properties so in case there is a lawsuit the LLC does not fully own the properties. 

Think E*Trade or Fidelity with different paperwork.

Bought the ultimate edition of managing rental props but no e-links.

Is Schedule E + 4797 and 8949 filed for the year a rental is sold and what's the difference between 4797 and 8949?