Getting title and getting clean title for properties bought at tax auctions are two different things. 

How could this impact tax matters for both companies and the Joint Venture as a whole?

@Jun Lee One pro that I can think of a solo 401K is there is no UBIT taxes when an asset u invested that had leverage sales.

Quote from @Francisco Milan: Your tax bill ?

I'm in the general due diligence phase, i.e. determining if I really want to do this at all.

LLCs require additional filing fees and tax returns and just complicate things.

Include an exit strategy, tax planning, and insurance to protect both parties.

Strengthen due diligence with thorough tenant screening and independent verification.

I didn’t have the funds readily available due to other projects, but because of the trust we built, he offered me a seller financing deal, allowing me to purchase the property without putting my own cash down.

So we would buy the aceage and since the legal descriptions still called out lot and block we would just start to deed out the lots to get them on the tax rolls and the Assessor would change the maps.