The sales pitch was that inner circle members get access to exclusive deals like hard money loans, 1% ownership opportunities in various investments / funds, and joint ventures as well as regular educational trainings.

Why not aim to move these perpetual renters into home ownership instead?

This decision effectively reinstates the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements nationwide, pending the Department of the Treasury’s appeal resolution.Click herefor the full article which includes the new reporting deadlines.

I could envision them refusing to disburse funds until the LLC is reinstated.There may be a way to transfer ownership of the account, but it is probably just easier to move the money.

Investing in real estate has many risks and as an investor we need to educate ourselves and take ownership of our mistakes and learn from them.

@Christopher Morris I’ve got close to $3MM under ownership but then I’ve got some debt on it.

now the adjustor may go out there and determine the fire was before the change of ownership then they are fubared.. 

Illinois finally took the step to make it very clear you need a license to sell or market real estate you do not have title ownership to. those hiding behind  ( hey i am just selling a contract) that does not fly when run up the regulator flag pole. 

Fannie Mae only requires ONE year of property ownership or management experience to allow you to use rent to qualify.

Virginia has wholesaling restrictions, but no investor ownership restrictions.