I have bought in C-/D. A

You have a near zero chance of the DA going after them for fraud. 

It can be argued that state by state rules for marketing property is from a wonderful job of lobbying by NAR which has a vested interest in keeping that monopoly.There likely is some case law in certain states regarding this - hence Jon and Steph’s recommendation.There also would need to be a complaint and a question of does a DA want to go after one guy - there would probably need to be a bigger picture motive.Not a lawyer here, but I have had lawyer’s review my buy contract and they never had issues with the right to market clause (and one of the lawyers is a broker too).

:)Ich hoffe es ist ok wenn ich nur in Deutsch antworte da ich mich so einfach besser ausdrücken kann!

As a DA, part of Jerry's job is busting through some entity to hold someone criminally responsible.You can employ tricks and ploys to hide out from a civil attorney seeing if he'll get paid, maybe, but if a judge wants to hold someone criminally negligent, your off shore account and your trickery is probably toast.As to other comments about filings, an 8th grader could figure out how to file an LLC, that's not a problem, it's the Operating Agreement (OA).

The only thing I can figure out here is if you're collecting in person in a multi in da hood and you don't want to get bumped on the head while having several rents in your pocket.That's gotta be it, right?

To be a successful investor, you need several ingredients stirred into your investing approach.These include(a) a creative imagination,(b) personal and professional credibility born of integrity,(c) a sensitivity to the seller’s needs,(d) a degree of wisdom to accompany your thoughtful analysis of a given deal, and(e) a willingness to take an educated risk.These ingredients should be considered one at a time.A creative imagination.Every self-made millionaire has been able to think “out of the box.”

But even then, usually you would need supporting documents such as an LEAVE FORM (DA FORM 31 for Army), Orders, etc.

Your wife and her attorney (and the DA!)

@DA NguyenGenerally acquisition interest of a passthrough entity in which you do not materially participate is an above the line deduction that is also passive in nature.The debt proceeds need to be traced to figure out exact treatment of interest paid during the year.Consult your tax advisor.