But you cannot get a tax return easily.Part of the idea of LLCs is to put a layer of privacy between the members and the public.

Privacy, yes, in that the identification of beneficiaries is not typically public, with the exception of Arizona statute.Due to the wide variety of trust objectives, you cannot assume that they will follow a given pattern.

My LLC name is "(mynamehere)properties.Recently a friend of mine told me that setting up your LLC provides privacy benefits.

The reason I wanted to have the property in the LLC name was mainly so that the rent check would be to the LLC as opposed to my personal name for privacy and business distinction purposes.

Try to keep yourself out of tenant sob stories as you are currently running a business where you need to be focussed on cash flow and building equity so you can rinse and repeat the process over and over again.All the best

Keep in mind, in writing the book, I would not be surprised if he change "unimportant" elements of the book to reserve privacy.

I want to protect my privacy as much as possible also.

I did nothing with RE last year because of focussing on being a probationary firefighter.

Even if you setup the LLC you still need liability insurance carried in your name to protect YOU.If it is privacy you seek, there are much better ways to do it.

It would have to overcome privacy concerns.