The reason it is used for asset protection, and identity protection, is that it removes a homeowner’s name from public record in this manner.

Purchase price: $118,175 Cash invested: $26,900 I have moved out of my first duplex I was house hacking after purchasing another almost identical duplex on the same decommissioned air force base.

If you buy another identical property:Purchase price of $96,000 20% down with closing costs would be roughly $20K.

@Richard F. thank you for your reply  so there is a bathroom the same identical way above this unit.

Activities of producing or distributing goods or performing services from which gross income is derived do not lose their identity as trades or businesses merely because they are carried on within a larger framework of other activities that may, or may not, be related to the organization's exempt purposes.

I love the sound of your strategy as it mimics ours almost identically!

If you come across an identical property to your subject that sold 12 months prior, it might make a better comp than less similar properties that sold 3 month prior - just make sure you adjust the price properly to account for general market increases for your area during that time.

A single family home is nearly identical in price point into the Ohio market as well!

Everything was completed renovated top-to-bottom, but the real kicker was creating a brand identity around the property known as "Bungalou".

Someone trying to discover the real owner of your LLC will find your S-Corp (owned by your trust and your LLC) and your trust: they can find the trustee, but the identity of the beneficiary (you) is confidential and protected.David J Dachtera"Success is not a destination.