I wouldn't trade my life for a corporate job even with a 30% pay increase. 

No, but it's generally considered a Corporate Advance and tacked onto the arrearages which is typically included in the final judgement amount at Foreclosure. 

Thank you If you move ownership of a property to an entity (LLC, Corporation, Partnership,etc) you may be in violation of the Due on Sale clause.

From the accountant:Both liabilities show up on the corporation’s books and both need to be paid by the corporation. 

Individual taxpayers who are not engaged in a trade or business but are investigating the potential creation of a new business should consider forming an S corporation to facilitate and conduct all the activities related to the investigation.

.- Logo designed and color palette chosen for consistency and professional look- Facebook and Instagram biz pages put in place- I am a graphics designer and created templates for coming soon, new listing, etc online ads using chosen color scheme- Website created (no IDX due to no money :-) )- Door knocking on 100 doors and left flyers I designed.

Kris, not sure what the timeline is but I would personally want the LLC's business and corporate credit profile with DnB and Experian to be as high as possible.

Here are other good resources on this topic too. https://www.irs.gov/businesses/notice-2004-8-abusi...https://www.irs.gov/retirement-plans/ep-abusive-ta...https://www.irs.gov/businesses/corporations/listed...

@Tim Watkins, it sounds like you have a 2-person LLC, and assuming you did not elect to be treated as a corporation, it will be treated as a partnership for tax purposes. 

Can I start my own real estate investment company (corporation) focusing fix & flip and commercial property buy and hold?