The one real exception being exposure to UDFI taxation on leveraged investments that a Solo 401(k) is exempted from.  

@Todd Dexheimer, you'd better be knocking on wood when you say that:)I just did some cross sectioned analysis for a client based on income and appraisal taxation coupled with growth patterns.  

I don't know how a rollover IRA compares to a roth in terms of taxation (this is all kind of confusing!)

An LLC gives you limited liability without imposing double taxation on you, the way a corporation would, where the corporation is taxed and then you are taxed again when the corporation distributes profits to you.  

Try North American Savings Bank and First Western Federal Savings as leaders in the field.If the trust is under an IRA, then you will want to be sure to educate yourself on the concept of UDFI taxation on debt-financed real estate income.  

@Kyle M.What you are likely referring to is that with real estate purchased outside of a tax-sheltered vehicle, depreciation can taken be against taxation on income.

Does that change the taxation and deductions any different than the above scenario, in our own names?

You taxation choices as a sole member LLC, which is what you are as husband-and-wife, are sole proprietorship, S-Corp, and C-Corp.

The mechanism for avoiding double taxation in these circumstances is usually a tax credit for taxes paid to another state.

As such, this new tax amounts to triple taxation on short term rentals.