Hey Michael - we definitely have a lot of consensus here - based on the facts in Texas, I would agree with you that it sounds like the burdens and benefits of ownership (or at least a significant amount of them) are transferred as of the auction date, and based on what you stated, I would also feel comfortable taking the same position for a TX property - it would certainly not contradict the revenue ruling given the related restrictions on the property and taking possession are an entirely different fact pattern, making the ruling moot in your scenario.Which I think highlights even more one of my closing points (and your point as well on Jurisdictions) - this likely changes wildly by jurisdiction. 

The caveat is just being grounded and in a pattern of constant learning but never having the faith to leap forward (i.e. massive amounts of inaction).

When we had an appreciating market, high inflation, low unemployment, extremely low interest rates, obvious relocation patterns (especially during covid), there was so much room for error.

Michael Ablan of Marble Key Properties.

Most plaintiffs attorneys won't name the LLC member individually unless there is a clear and convincing fact pattern that points to piercing the corporate veil.

The fact pattern suggests $12k.

Can’t remember the name but there are some people who offered a service to pull info from his based on your search pattern. 

I'm glad you found my second post more helpful.I do sometimes try to be provocative in certain posts to elicit a response that shakes people out of a set thinking pattern. 

I'm seeing a pattern here lolI understand that CA has many issues, and it's only getting worse...

WD 40-,  maroon or gray scotchbrite pad..... even strokes from top to bottom going with the grain of the SS ... follow the grain pattern since it may be different on the stove vs refrigerator......