I treat them great and keep the properties in great condition in the hopes they stay there forever.

For tax purposes, the LLC is treated as a partnership, with each partner reporting their share.

Obviously property management is not for everyone but for those who treat it as a separate business venture, it could become beneficial in the long run. 

And treat everyone the same and you should be good.

I can say for a fact that they do not treat the property better than most other people.

These qualifications allow property owners to treat their rental income as non-passive, which opens up tax-saving opportunities such as deductions for business expenses, depreciation, and bonus depreciation.

Depending on your specific situation, it is possible that we could find a justification for treating it as a repair. 

Treat it as your income...tax free. 

The advantage of this LOC is that it offers an integrated checking account/routing acct # so you can treat the loan as a "checking account," and it auto sweeps or calculates interest daily and closes out your position so that means any funds credited to your account can lower your daily interest cost.I have one that is fixed for 5 years interest only but its a commercial LOC that I use for acquisitions and it calculates simple interest which is nice when you want to make early payments or if you'd like to do those pay check parking strategies or rapid debt free strategies.Most lines of credit do not have escrowed tax and insurance so this means you will have to pay it on your own.When I do LOC's on rental's I just have the PM (property management) take over the responsibility of escrowing the property taxes and insurance so I dont have to remember when to pay them.Typically LOC's are full recourse but at a low enough LTV Im sure you can negotiate a non recourse LOC but that'd probably be in the commercial realm at a bank small enough where they'd be willing to negotiate, probably.

I'd be delighted to treat you.