@Samantha FergusonSimilar to what Ryan is saying, we have been exploring the idea of adding private investors (i.e. 1031 exchangers) to our expanding assisted living operation.

Jeremy Wacksman, Zillow's chief operating officer reported do to labor and supply shortage they will be pumping the breaks on buying anymore homes in 2021.

Then there is a sale tax break applied, and in some counties, owners do *not* pay for school operating costs, only construction bonds.

Tax Attorney's normally deal with more complex tax related issues than a CPA.I would expect a Tax Attorney to be dealing with issues such as1) International Tax Law / Transfer Pricing2) Drafting a Private Letter Ruling(PLR) with the IRS confirming that a tax position they will tax is blessed.3) Confirming or understanding recent tax law changes / updates4) Taxation rules for companies who operate over multiple states.Best of luck

Do I need addt'l insurance for them to operate the boat themselves?

But an attorney would provide articles of incorporation and an operating agreement along with the LLC to designate it for your tax or legal needs that are important to you.   

I own a short term rental vacation rental management company, we are the largest operator in our area with about 50 listings under management. 

Hey Andrew - I am not a tax or legal expert, but on similar deals I've done to this I set up an LLC under me and my partners names with a clear operating agreement and who is entitled to what profits.

Don’t go with battery operated Security Cameras for your smart home setup.

Another possibility is renting it to a business venture that will run a stable operation.