The entity may need to pay corp taxes but you may be protected until dividends are withdrawn. 

Ownership changes, but NOT mortgage liability.Investors do NOT put properties in LLCs to protect themselves from lenders, it's everything else!

Any tenant that continues to reside in one unit for more than 12 months with or without a new or lease is protected under the law.

So although the common wisdom or recommendation is to talk to a lawyer (which I did) I'm getting conflicting advice on this whole issue of Wyoming LLCs and the level of protection and anonymity they actually provide. 

This is a great case study of the challenges of asset protection in single family.

Ensure you have a clear contract that outlines the terms and protects your interests.

The key is to balance being fair with protecting your interests; consider what would motivate them to move and how much time they might need to find a new place.

All you have to do is make a compelling point for them, and having a broken property that they don't want to fix can be a reasonable one.Anyway, allow me to give you a couple of points to think about.Downtown LA has been suffering because of the working-from-home shift and the effects of the homeless.

And your downside risk is protected because it's a house for you to live in - it's an investment to remove your biggest expense.

Then there was a domestic incident and HE got an order of protection against HER.