In other words DON'T hire an attorney and keep your day job for entity legal issues and those pesky tenant lawsuits than will come up.One secret of the rich and wealthy is corporate credit or business credit based on an EIN instead of SSN which drives commercial financing deals.

I currently work in corporate America, although I love it, I have the urge to start pursing my dream.

Contact Tenant B and politely explain that you were all unaware of the situation and you are not looking to punish him.

To give some background, I work in public accounting as a tax CPA who automates corporate tax calculations with technology.

Any person, partnership, association, corporation, entity, or their regular employees, who as owner or lessor perform any of the acts enumerated in §§ 54.1-2100 and 54.1-2101 with reference to property owned or leased by them, where the acts are performed in the regular course of or incident to the management of the property and the investment therein."

After getting burnt out at a corporate job, I've decided to pursue real estate full-time.

@Kevin Polite  Hi Kevin, whatever happened with this?

I have my bookeeper file for every contractor vendor etc I pay over $600 unless they are a state registered corporation.  

Hello everyone I have a question,I have 2 properties with no mortgages on them owned under a corporation.

Always be polite, of course, but don't be afraid to stand your ground.Good luck, Lois.