People get really attached to their animals, and you'll probably loose them or have to take them to court to get rid of it.

I suspect they have to strip the deed of any judgments, liens, etc. that the BK person had that would have "attached" to all of their property.

It comes right off of the freddiemac and fanniemae websites I think it page 5 of freddies, fannies , i just use this handout attached belowhttp://www.freddiemac.com/singlefamily/service/docs/Short_Sale_Fact_Sheet_Pub_908.pdfhttp://www.realtor.org/sites/default/files/handouts-and-brochures/2009/fannie-mae-confirms-short-sales-commissions-policy-2009-02.pdfMaybe the term i used, illegal, was not the correct choice.

If this is the case, do I need to setup a separate LLC for the 401k, or do I attach it to my existing LLC and just make sure all of the money stays separate?

I struggled through Mech Eng with a minor in EE.Then ended up in drive control automation & traveled the world on contract jobs.But that minor in EE saved me a lot of $$$ when renovating homes esp splitting the services for myself & others.If you're serious about RE investment an engineering background will save you a fortune & give you valuable insight into structural re-design (assuming you take some design courses) when you blow out the walls etc of an older home or add a room above an attached garage etc.It's a great discipline & you will never regret finishing.

Tony Levins Are you in the crestview area of the panhandle?

I simply attach a statement to the return and file it.

Judgments can attach to assets as liens but the creditor can not usually force sale of other assets and income may be garnished under state law.

Basically, learn how to be an investor of anything that has a cash flow flow profile attached to it.

Once you stop that, I don't think I'd have the same attachment to investing to keep me interested.