@Bryant TroupeJust a few general comments and observations.I now now have my books on QuickBooks since 2002, my 3rd generation of bookkeeping, after using 2 other accounting software before it.If you are mainly doing rentals, just do the chart of accounts in accordance to that of the "Schedule E".

That will generate Sched E income and Sched C expense.  

Originally posted by @Robert E.

In this case can the LLC be considered as disregarded entity and can it be filed under 1040 Schedule E or will it still be treated as partnership LLC and file 1065 form and issue K1 to the trust?

There is a Netflix studios being built in Ashford, designer outlet that’s recently has a £90m extension, and a central A&E hospital.

@E Norton I am sorry to hear about your difficulties with renting this property.

Not all agents are investment savvy and you need to find the right one for you to have a successful investment.ON-FIRE Agent mean they are:O - Organize (The Investor-Agent must be well-organized)N - Network (The Investor-Agent must be well network with other Real Estate professionals like Lenders, Appraisers, Property Managers, Inspectors, Insurance Agent, Contractors, etc)F - Focus (The Investor-Agent MUST Focus on YOU)I - Investor/Investment-Savvy (MUST be INVESTMENT SAVVY)R - Responsive (Must Be responsive and answer your call/text)E - Experience (Must be an investor or have experience working with investors)You can find one under Network ->Real Estate Agent here: https://www.biggerpockets.com/...Goodluck

B aware e that you will eventually have to deal with toilets and tenants if you do not use a PM.

Zoning designations follow a different format now -- like "U-SU-B" or "E-SU-A," etc.

They will make your like easier and same you from costly mistakes as @Steve Rozenberg mentioned.ON-FIRE Agent mean they are:O - Organize (The Investor-Agent must be well-organized)N - Network (The Investor-Agent must be well network with other Real Estate professionals like Lenders, Appraisers, Property Managers, Inspectors, Insurance Agent, Contractors, etc)F - Focus (The Investor-Agent MUST Focus on YOU)I - Investor/Investment-Savvy (MUST be INVESTMENT SAVVY)R - Responsive (Must Be responsive and answer your call/text)E - Experience (Must be an investor or have experience working with investors)You can find one under Network ->Real Estate Agent here: https://www.biggerpockets.com/...Goodluck