I’ve read enough to know that acquiring the LLC is a bad idea due to: unknown liabilities; tax liens and debts; loss of depreciation that has already been taken, and probably other reasons too.

Bigger property can provide bigger tax benefits as well.

A Roth IRA, as I'm sure you are educated on, will grow tax-free and you can withdrawal tax-free in your retirement. 

That being said, most lenders will require at least two years of W2 tax returns to verify income and assess risk when granting a loan, so acquiring finance may be complex. 

But, unless you’ve got a unique situation or tremendous wealth, like enough to trigger an inheritance tax, it MAY fit your needs at a very reasonable cost. 

@Adolphus Fletcher For multifamily investing, most real estate investors typically use an LLC for several reasons:Liability Protection: LLCs protect your personal assets from lawsuits or debts associated with the property.Pass-Through Taxation: Income and losses from an LLC pass through to your personal tax return, avoiding double taxation seen in C-Corps.Flexibility: LLCs allow for flexible management structures and are easier to maintain than corporations.Anonymity: In some states, LLCs can offer a degree of anonymity if you use a registered agent and form the LLC in a state that doesn’t require public disclosure of members, such as Delaware or Wyoming.S-Corps are should be avoided for real estate investing because of various reasons.

Hi  I just received my new STR tax bill (Horry County/Myrtle Beach, SC) and it increased 2.5X!  

If you don't want to squander it but want more passive, you could invest it in tax-advantaged mutual funds. 

We don't have a PG for any of our DSCRs, and tax wise have it completely separate from personal. 

@Jonathan BockMost probably dont know that their marginal tax rate is different from their effective tax rate.