Now the tax benefits… Let’s say I am a wash on income and expenses.

Many people who end up seeking help from churches, other non profits, social service organizations, and consumer rights lawyers have been drawn in and spit out by these so-called 'foreclosure solutions' MLM programs.All too often the promised "soluition" fails to live up to expectations leaving the distressed homeowner in worse shape.... having wasted prescious time and perhaps after spending hundreds of dollars for an otherwise free for the asking service.Do some people benefit from such a one-stop solution shoppe?

Is there a tax benefit to being an LLC?

However, I don't want to miss the benefits from being a first time homebuyer and making the house my primary residence.

Focusing on commonality and how a deal will benefit them always helps.

can some one please explain the tax benefit of setting up an LLC in Nevada for the purpose of real estate?

As to the OP, you might benefit more from a non-circumvention agreement.

benefit for her, is that she lives there, and is actively involved with the directors.

Now, these fines are uncapped, and the lenders can be assessed additional damages up to TRIPLE THE AMOUNT of any FHA mortgage insurance benefit claimed by the lender!

Who will hold the title the trustee or the benefiter?