I heard bankruptcy laws recently changed... i'm not sure. 

Q- How do THEY report the $60K we are paying them for this OPTION  when they file?

Collecting rents is super easy and the bookkeeping features allow me to track all revenue & expenses for each property in a manner that makes filing my taxes at the end of year very easy. 

I don't think we're allowed to post links but if you Google "maryland real estate commission guarantee fund" then one of your first links should be to "File a Complaint".

You usually have to file some paperwork well in advance.

You will still be able to benefit from the losses whether its set up as a MMLLC or SMLLC since you are married.Main thing to keep in mind from the tax side of things is that MMLLC may have a Form 1065 filing requirement each year and increase your tax prep fees.

Just filed so that our team can be fully up and running in the greater Tampa Bay area.

Make sure any additional paperwork that needs to be filed with the court making you the plaintiff is taken care of. 4.

It seems like you might be removing a paying customer simply due to a bankruptcy.

The contract he signed with them was extremely pro seller, and I think he figured he would eventually foreclose/evict them and we would never know.The guy was a joke, fraud charges were filed by the DA on him, but going after him for any money would have been a waste of time.