@Nicole GrazianoI recommend that you have a consultation with a real estate tax accountant regarding your taxes.Bigger Pockets is a great place to find a real estate tax accountant. 

As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name.

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals. 

Attractive Tax Environment for InvestorsGermany offers favorable tax policies for property investors.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I have had several cases where I finally got cops or government officials to only do their job after being very loud to the newspapers, but it does work.  

So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save? 

Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.

Same tax situation and more likely higher potential to appreciate faster.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.