So, no, there are no tax benefits to giving the profit to yourself through an LLC.Now in some instances you may need a separate entity to do the work (i.e. federal grant programs; but you can't legally make a profit from those either).

Any cash withdrawn is first allocated to your depreciation recapture and is taxed at 25% flat rate for federal and then what ever your state tax would be, then is allocated to your capital gain and is taxed at a maximum rate of 15% for federal and then what ever your state tax is.

The exception to this is some state and federal sponsored loans, which are 100% assumable after the first year.

The federal law that allows protection for the inter vivos trust exception specifically addresses the beneficiary of that trust ("a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property;") but I would definitely talk with an attorney and look at the specific clauses in the loan documents before I did anything.

Take a look at these lending rates: US 6.04%, New Zealand 8.7%, Dubai 9.02%, UK 6.4%, Australia 7.33% and Japan 1.92% The Bank of Japan (Similar to the US Federal Reserve) lends money to banks at around the .5% mark, the lending bank places 1% to 1.5% on top of that for their own profit for the risk of lending it to you.

Both insurance and taxes are different for each city/county/state.On selling your own homestead, the profits are exempt from federal taxes up to $250,000.

I've got a property that I'm interested in renting in a few months but I want to educate myself in accordance to my local and federal landlord vs. tenant laws.

If they think so little of federal law how respectful of your property will they be?

Unless there is a discount offered by lender to a buyer (Short Sale) or the house is an asset protected by Federal Bankruptcy....The homeowner does not need the lenders permission to sell their house.If the house is in the preforeclosure stage, the lender cannot talk to you without written authorization from the HOMEOWNER.

Hell, I've been an independant consultant for 30 years.My point in criticising the MLM "foreclosure help factories' is that in my professional experience (investigating allegations of predatory practices for the Mortgage Bankers Association, Washington DC, and serving as Plaintiff's expert on mortgage loan servicing in several Federal Bankruptcy Courts, plus running my own NonProfit preforeclosure counseling org for a decade) is that the offer to "help" evaporates the instant the so-called services provider realizes there isn't a buck to be made.... leaving the distressed homeowner in worse straights.If you are an exception to the generalization, that's great as you are one less businessman in need of oversight.