I am trying to understand the procedural requirements and would like to discuss with someone with prior experience.

If you can master the concepts in that article you can analyze stuff pretty well with a 5-minute procedure instead of building massive spreadsheets that don't add a whole lot more value.

Thanks, so the standard procedure is to obtain financing in your name, but put the property under the corporation?

Using my manuals, bootcamps & procedures I had gained from several guru courses, I started putting together what would eventually be my standard operating procedures, and flowchart for my business.

Therefore I assume the procedure varies by county/state.

So this post is not for those who oppose this method.My question is when I have an item that is not fully depreciated but becomes obsolete (broken microwave) I have done a journal entry to move the remaining depreciation of the item into a repairs expense account.Do you feel that is the correct procedure?

They will only create headaches for yourself and cause you to deviate from your policies and procedures due to the human being emotions we all have.This is an unfortunate situation for Jessica.

If you do not win the auction the proceeds from the auction will be used to pay off your tax certificate plus interest.Check about the procedure for other states and counties. 

Is this a typical procedure?

It's task is also to protect itself with proper procedures.