The number one benefit for a high income earner that invests in long-term investments is that the depreciation will shield your rental income from your effective tax rate.if you are a high income earner, you are likely around the 35% federal tax bracket and another 5-10% tax bracket if you are in a state with a taxInterest income will be taxed at potentially 45% + 3.8% net investment income taxDividend income will be taxed at potentially 30% + 3.8% net investment income taxRental income potentially at 0%I think a lot of people get disappointed that their tax burden doesn't decrease.It can potentially decrease but it will require proper planning along with some level of participation with the real estate.

However, the main benefit of using an LLC is liability protection, shielding personal assets from lawsuits related to the property.

I believe it’s important to address these two items separately: First, there  are still ways to find out the identify of the member(s) behind the LLC and secondly these anonymity strategies do not actually shield liability because claims are still brought regardless of whether the members of the LLC are identifiable.

How I understand it is: charging order protection shields LLC assets from being seized to settle personal debts or judgments against its members.

Also not sure how much the LLC really shields you from liability with a single property, so don't think you're out of the woods.

This means that the bottom side of the home isn’t shielded from the elements.

By doing this, you effectively shield each property from the liabilities of the other—should an issue arise with one, it won't affect the other.

Privacy Shield, has made it difficult for companies, including real estate firms, to transfer data across borders without risking compliance violations.

No different than the jailed relative scams, or the computer virus scams.

For example, in your area are there no assisted livings that will accept Medicaid, Blue Cross Blue Shield, etc.?