For tax purposes, all LLC earnings pass through to your personal tax returns, so there is no practical tax benefit. 

I filed a complaint with Department of Business Regulations as well as reported him to the Florida Licensing board. 

What area of practice--Landlord-Tenant? 

Dave Ramsey might feel the way he does about debt because he got burned and declared bankruptcy (a publicized fact), and you are influenced by your past and learn from it and others might benefit from sharing.My biography is what is it and is fully disclosed on several public websites by 3rd party regulators (TSBPA, FINRA, NFA, TDI, etc) and reiterated on several of my own.  

I regularly attend workshops and seminars to stay updated on industry trends and best practices.

How are we seeing this rule change play out in practice?

Quote from @Anthony King: Are there any rules/regulations regarding private lending from family members?

However, you'll want to check your local and state regulations just to be safe.

Be aware, they do not practice safe creative financing nor do they understand how to deal with the problems as they arise.

Quote from @Ahmed Aboelela: Practice, practice, practice!