This approach allows you to manage the property closely, benefit from homeowner loan terms, and potentially increase its value with improvements before renting it out.As you transition the townhouse to a rental, ensure the rent covers all expenses and provides a profit.

None of you can personally benefit from something the SDIRA owns. 

If I invest a multifamily through a Roth IRA, will I still receive the same tax benefits as I would with personal cash when I file my tax return?

The biggest benefit of the LLC is in being able to have a sort of firewall between your companies and self.

So our hopes at reconsideration based on on the historical permit records are slim to none.So it looks like our only move here is to prove that the coach house has been existing as residential for at least 20 years and get an administrative adjustment. 

It will familiarize you with the basic terminology and benefits.

Since your last residency was in 2020, you do not meet this requirement, so the exclusion likely won’t apply.You'll need to calculate the capital gains based on the difference between the sale price and your adjusted cost basis (original purchase price plus improvements and less depreciation taken).

Ask an accounting advisor if theirs any benefits to one or the other, but I haven't found anything significant beyond if theres a lawsuit, the LLC's state laws can be involved. 

About 15 years ago contract for deeds were virtually eliminated in Texas by legislation which not only limited the benefits of using a CD, but introduced severe penalties for even minor issues of non compliance.  

In addition to organized bookkeeping, Buildium provided other benefits that accounting only softwares do not, such as lease renewals with esignatures, maintenance requests, a tenant portal for rent collection, 1099 preparation for vendors.