You as the owner of the home would then have the benefit of exempting any further gains upon sale at a later date.I don't know what you mean by subtracting depreciation from gains when the LLC sold it, but it seems you have several items mixed together.

You have to provide the benefits long before you get paid.

Would there even be any benefit of putting a property like this into an LLC?

You may already know that but for the benefit of others, that is typically how it is done.

Here are my two cents, some banks are recognizing the benefit of having a good process for dealing with short sales.However, I am noticing that real estate agents and sellers are wasting a ton of time trying to get a bank to agree to a short sale with no written offer.

I know...think about it though...who is really benefiting?

This lost rent often offsets any benefit you get from the option premium.4.

You have to look at each type of coverage and see if the risks outweigh the benefits of coverage.

A C corp is the best option to retain earnings and while you can set up an LLC and elect to treat it like a C corp, I don't know of any benefits to doing it.

It may very well be to my benefit to bring in a specialist for this task.