For better or worse - in other words, I make no judgement on the wisdom or strategy of Congress in structuring incentives this way - our government has decided that RE and a couple of other business strategies should be the lowest-taxed enterprises that can be attempted.

So John and numerous others were found jointly and individually liable for a $400 Million + judgement.  

Internet can provide a lot of misleading information so everyone should make their best judgement.

What do you mean section 8 is  "judgement proof"?

I thought Bigger pockets was about knowledge and information but I guess for you it's about passing judgement without truly grasping the context.   

Some do not want to invest in speculation, but I think every investor has to make that judgement call based on their own knowledge and experience.

there is a judgement my name would be on record - for a longtime - even though this was a business dealing and not a personal deal.In my case, I own my properties in my name and self-manage my properties with a Single member LLC.,  and I am thinking of using the LLC name as the "Landlord".

Your local landlord - tenant ordinances dictate whether you can include legal fees in any judgement, whether you can include interest in any judgement granted, etc.6.

Her response was basically that they wait untiltowards the end of the month to post so that when they actually go to hearing they get a judgement for 2 months. 

Redemption PeriodThe defaulting taxpayer, any grantee from the owner, or any mortgage or judgement creditor may redeem each item of real estate within twelve months from the date of the delinquent tax sale.