The benefit of paying property management fee to yourself as earned income is the possibility of more expense deductions which could result to a smaller tax payment. 

A 1031 exchange, also known as a like-kind exchange, allows taxpayers to defer capital gains taxes on the sale of certain types of property if they reinvest the proceeds into a similar type of property.

---How is this holding tenants accountable that are getting FREE rent from US taxpayers?

And don't get me started on how Community property states vs non community property states have mucked up the whole LLC entity issue.But for purposes of entity ownership and identification of actual tax payer (which was @Michael Plante's question) I don't think there's going to be any state nuance that will differ. 

(Make sure there’s only 1 insurance payment and the correct number of property tax payments per year depending on your area.)You can take the projected next 12 months outflows divided by 12 and add them to the loan dox you got at closing and that’s what your payments should be after you catch up.

Under the Tax Cuts and Jobs Act of 2017, interest on such loans is typically deductible if used for buying, building, or substantially improving the taxpayer's home that secures the loan.

Redemption includes all same prices taxpayer must pay--taxes, VALUE of preservation improvements and cost of insurance if the property contains a residential structure, VALUE of all newly placed improvements and repairs if the property is in an urban renewal or redevelopment district plus cost of insurance, all at 12% per annum interest.  

In this proposed change to 1031 exchange laws, taxpayers in FY2024 would only be able to defer capital gains up to an aggregated amount of $500,000 for each taxpayer ($1 million for joint filers).

The tax payer has to be the same.

Forcing taxpaying US citizens to hand over their hard-earned dollars to build free housing for non-citizens is just wrong.