I am thrown off by the 165.509011 mill levy rate.

Certain liens are not washed off by foreclosure, court orders, back child support, taxes and levies so, as Steve pointed out, in your business, you should understand lien priority an other methods to satisfy a lien holder prior to a sale.

But, if you look at the property's entire risk/reward ratio, that investor just gave up a large chunk of the reward while keeping all the risk.That said, it may STILL be better than the alternative for that investor (doing nothing, paying off student loans, heck... buying more shoes).It reminds me of the story of Levi Strauss - in a sea of starry-eyed newly arriving miners, the guy who gets rich with the least risk is the one selling all those folks their jeans.

Levi T.  

@Levi T., The focus here is that distribution is not seen in P&L as expense of child LLC's is what makes me wonder, let me give you an example to illustrate:Child LLC 1 makes $200 from rent.

@Levi T.

This would delay the start of the 180-day window and I believe the only added costs would be excise tax on the transitional sale as well as escrow/title fees.

The attorneys really have no motivation to perform working that way.If you obtained a judgment almost 2 years ago did you try to file for bank levy or wage garnishment??

Originally posted by @Levi F.: @Sharad M I have a 4300sqft single family rented for $3000+/mo and a nice 1600sqft rent for $1300.

Again, in my state, these might be certain bonds that are not inclusive in the general tax levy.