They use an eviction service for serving the tenant and coordinating with the courts.

A "reorganization took place, one of the families left the group in exchange for the insurance proceeds and the property then had 4 owners (and 4 cottages)2000:  I bought ($42,000) my parent's share.2000-2010:  I bought the other shareholder's shares (total $300,000), leaving just me as the sole shareholder2017:  Elected to file as S corp.None of these transactions were properly recorded.2022 1120S tax return (2023 is on extension) shows:$0 income$15,000 Land (sched L, line 12)$122k Loans from me($189K) Retained earning$93K cap stock($46k) Sched m-2I have no idea how we got to these amounts.Does any of this make things easier to understand and easier to get me out of this capital gains problem (or does it just muddy things even more)?

I've never been evicted nor have I ever had to evict anyone so I'm unfamiliar with the process.At the very least, someone with this on their record was served an eviction notice, right? 

I'll show up to the mortgage foreclosure auction either way and see if they show and what they bid.My theory about what might have happened was that the foreclosure wasn't going through the courts because the guy disappeared off the face of earth and hadn't been served the papers after several attempts. 

I own a cloud-based bookkeeping firm that specializes in serving real estate investors all over the U.S.

You could also partner with a money partner, while you serve as the General Partner, responsible for operations and management.

As long as both owners are notified and served with the foreclosure, then the entire title should transfer to the buyer.  

I agree with @Nicholas L. that you should simplify your strategy.

Quote from @MATT L CLEMENTS: Quote from @Brett Adler: Quote from @Rivers Fike: Have not heard of them.  

Does anyone know any reputable assisted living management companies that serve NJ or Philadephia?