See below please:Theroetically, can my siblings and I do what this article explains: https://www.thetaxadviser.com/issues/2018/sep/leas...What we’d be doing is lease real estate or other property to a closely held C Corporation (controlled and owned entirely by us), either as individuals or through an entity we create to facilitate this transaction.We would lease our property at as close to a realistic FMV as possible, and our C Corp (in the case of rental property for example) would lease this out to tenants.

They were held low after the crash to spur spending and recovery.

Working with a property which is held in trust is very difficult.

For newbies, the lender may require reserves between 20-30% of the loan amount to be held.

Insurance: I'm assuming this will still be held in my name?

So although no, you are not held criminally liable for action in your property, a dead or incarcerated tenant, shot up house, angry neighbors, etc. is just bad business. 

This is security deposit which was held in escrow.

This particular deal the owner received my post card and held on to it for about 2 months before calling me.  

My annual cash flow would be $2,400 but I wouldn't pay a nickel in taxes due to depreciation and this will show up as a paper loss in my income tax.Say if I held the exact same property under a LLC.

Has your grandma held properties since the 1960s?