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?

@Gabriel E.

@Lynnette E., I like that idea but we don't live in the area or looking to move, just strictly from an investment standpoint but could look at friends/family in the area as an option. 

Hahaaaaa - thanks, @Stephen E., I too was a writer and that is a hilarious anecdote.

I guess you could go around him (and never hear from him again) since odds are he doesn't have a listing agreement.I'd do what I could to get out and get my E/M back personally.

Stations are setup every ten feet around e building and treated 2x a year.  

@Lynnette E.