I would end up paying a lot in taxes since I couldn't deduct as much as the LLC.One possibility would be starting a new LLC of which you have three owners or stock holders each owning 33%.

Make sure you understand the process for that specific area, here there is no priority amongst multiple lien/certificate holders.

If it's your brother, but you are going to be the mortgage holder, then I think you'll run into problems with the lender (although they might allow some portion of the downpayment to be a "gift"- I'm not sure what the regs are on that now).So you guys should do a bunch more research before you jump into anything.

Quantifying the net interests of the holder from the asset's liabilities.

Might be said easier saying the are brokering, skipping their assignment from the last holder to a buyer.

Hello, I want to get started in wholesaling in South Jersey (Burlington County) and looking for direction from fix and flippers and buy and holders in my area to see whats a good deal in this area.

You know the debt is there but you create cash flow until the senior lien holder comes knocking.

At the auction the certificate holder has no advantage.

As the holder of the note and deed of trust you replace the trustee with your attorney after assignment.

They file the liens, just like any other lien holder, hoping there is some property with equity that gets sold so they'll get some of their money.