House Hacking - do I need LLC? Revocable Living Trust?
I've been working with Nevada Corporate Headquarters (NCH), and it's been stressful to say the least.
Situation - I house hack, rent out a suite of my primary home to Airbnb (STR). I also am in construction to a property in Cape Coral, Fl that will be completed by early 2023 (LTR).
Person #1 at NCH told me to get an LLC active for my Airbnb (cost $1322), telling me to create an S-Corp, to shelter me from self employment tax. Also told me to get an LLC passive for the LTR (cost $1322), stating Nevada LLC's are more protective than Florida LLCs. Also told me to get a Revocable Living Trust (RLT) (cost $1842) to protect my primary home. Also referred me to tax consulting and 2 hours of consulting (cost $1700). I paid $6183 to NCH.
Person #2 at NCH realized I shouldn't have created LLC active for my Airbnb because it is still passive (do not provide special services), and recommended to have 2 LLC passive (one for LTR and one for Airbnb/primary). Now I'm unsure if I can trust their advice since what they initially told me was incorrect.
Person #3 (not NCH) advised I don't need either LLC's right now, I would be subject to $800 a year for each LLC since I live in California, which NCH neglected to tell me. At this point, I don't trust NCH any longer for now providing wrong advice and not being transparent. Person #3 also advised I put my primary into RLT for estate planning purposes.
Person #4 at NCH agreed I don't need LLC active and can provide me refund, but advised to put Airbnb/primary into LLC passive and not under RLT since any litigation with Airbnb could risk my primary home.
Question - What is the right/best move here? I've had 4 different advice and don't know what to do now. Yes I do want protection but don't want to pay for LLC or RLT if it's not necessary/will be more of a headache/put me at more risk. Does anyone else House Hack and what is your approach? Anyone else had a similar experience with NCH?
Thanks in advance for your feedback and help.
Raquel