Q. I have an LLC setup and it already has an EIN. I just bought a property Subject To. I followed Lou's Trust strategery & have the property in a Land Trust going to a PPT and then going to my LLC.
QUESTION: Can I use my LLC's EIN number in place of the TIN number, or do I need to get another TIN number for the Trust?
A. Yes - you can use the TIN from your business entity.
I might recommend that you get a TIN for the trust and then you can use that TIN for future trusts also.
You can now get TIN's very easily online at the IRS website.