We are not on the yellow brick road and everyone does not think, act or perceive things Identically.

Accordingly, the rental income and expenses are reported on Schedule E, thus the entities are essentially identical from a tax standpoint.The LLC will have both the formation costs and annual filing fees paid to the state.

And stress reduction.. nothing more stressful then fully levered low end rental that are vacant or none paying in eviction process or got hit by the local property thieves. 

One of us has now had our identity stolen and we have reported Helmick and Gorilla to the DOJ and FBI (along with the blogger who posted it).When you work with Gorilla Capital, make no mistake.

HELOC is being treated like a consumer loan and not a mortgage.Fast forward to 2014, these identical condos are selling for $300k-$325k while duplexes are selling for $550k-$600k, and 4plexes are selling for $950k-$1M.

For HUD-VASH (the VA run program to help vets with Section 8 vouchers), the paperwork and standard of unit is virtually identical, but with the added support of your tenant having an assigned social worker who regularly visits them at their home, and occasionally will bring in other service providers if needed. 2+ Bedroom units tend to be in much lower demand for HUDVASH though, so bear that in mind if you're purchasing an SFR. 

While not identical, this is very close to what I'm suggesting.To be clear, I'm not looking for funding.

You can also legally obscure your identity as the owner of the property from various public information sources.

Let the house go back to the bank.  1and half later buys almost identical house for 350k as the market started leveling out. 

An investor operator makes investing more of an identity than a passive investor.