10% Vacation Loan Use and Tax Benefits

[Nicholas Kania]

All,

It is my understanding that I can not use a 10% second home loan and put it in an LLC to reap the tax benefits if I STR the property most of the time. I am wondering if I create an LLC to use as a managment company and use the tax benefits created within that. Does this make any sense? I get that I will not be able to depreciate the house under the LLC but will I if it is for "personal use" but use the monies to furnish and manage the property at least I will have that.