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I wish that was true. I have rented two homes this summer and both were listed as LLCs on each lease. I suppose different laws apply in certain states.

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So that's to avoid paying taxes on the income somehow? But you get to deduct interest payments on the houses from your taxes.... I'm sure this is a very unpopular opinion, but I think you should just pay the taxes on the income.

But maybe there is another reason to make a company for your houses. If so, I apologize.

I'm probably prejudiced because I'm used to paying 45% income on taxes and capital gains. So trying to avoid the tiny American taxes seems like a joke to me.

This might be a political post. Moderators, feel free to delete.