HelloLots of people have their opinions about asset protection and what is best but their is a line in the IRS Schedule E form instructions that concern me about using the Land Trust/LLC asset protection strategy.

I am looking at a listing: http://www.loopnet.com/Listing/3000-E-49th-St-Kans....

I’m reviewing material on self rental rules, having the business buy the property (not ideal), Schedule E applicability, entity differences if her business was a C Corp, and others.Seeking the optimal way to structure this investment with tax efficiency in mind.Many thanks for your perspective in advance.

@Jason E.

I am just starting out with R/E investing beyond my own home. 

I was thinking to pull O&E reports, but it seems O&E report does not include these government liens and HOA liens, so it is probably not worth it to pull O&E before tax deed application?

This fee shows up for my rentals as a legitimate management fee on my schedule E. 

I'm in the same situation, the rental will go on your Sch E and you'll get your standard deduction for expenses,  plus depreciation. 

In fact we only have about 10 months experience managing 1 VR (Vacation Rental) which is a cabin in E TN.

Originally posted by @Lynnette E.