No harm no foul.

Those Youtubers just have content hysteria that must be sold to get people to view, it lacks credentials when it lacks substance.

This is a substance of the transaction vs. structure issue. 

That literally makes no sense.Who is at risk of any harm for str's?

In the end, it cancels out any benefit.Loss of Key Homeowner BenefitsIf you sell your home to an LLC or S-Corp, you’ll lose:$250k/$500k capital gains exclusion on selling a primary residence.Homestead exemption on property taxes.Owner-occupied insurance rates, which are cheaper than rental insurance.Substance Over FormIn tax law, the IRS looks at the substance of a transaction, not just the form.

Unfortunately, with the number of pivots that are publicized and at inexperienced investor’s disposal, there’s never been more avenues for inexperienced investors to hold on too long.I hope inexperienced investors are mindful of this because I am constantly interacting with investors who are falling for these traps and doing immense harm to themselves, even if they may not be fully aware at the time of their decisions.It's crucial for investors, especially those just starting out, to recognize that not every investment will pan out as hoped (unlike what the gurus will tell you).

My guess is he has seen sellers harmed in a big way in low value low credit markets he works in so for sure could have a negative bias.And this goes for Sellers to right now many are getting approached since you have armys of folks making offers this way ( I get them monthly and can tell they are sub to training disciples based on the offers they make) unsophisticated seller who does not engage a very good RE attorney to help with these is taking a massive risk

It's that easy and it's not going to harm anyone's health, particularly when it's in a closed closet.3.

Depending on your strategy and goals, maybe this structure can help you.It sounds to me like there would be no economic substance in paying yourself rent other than to lower your tax bill.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.