If the corporation is simply an "alter ego" for the person, a court may "pierce the corporate veil" and find individual liability.  

The exemption is per person, so @Jay Hinrichs if you and your bride own this property jointly you can give it away without gift tax to one person as long as the value is less than $28,000 OR if you own it singularly, I believe you could give it to an investor and their spouse as well, same limits.

Does this mean you would not offer the other person a share of the profit if you were finding the deal and funding it, assuming they managed the rehab?

Thank her for her suggestion to vacate, let her leave, and be happy when she actually is gone.As far as the restraining order is concerned, she cannot take this course under Massachusetts Law, unless you fall into the any of the following with this person.  A

IPX1031 which was also referred to me by a @Matt M. as well as a mortgage broker I know.

I would not consider this person a viable candidate for a seller financed transaction on any of my properties.

The agent was no help & I owe this person a call.

This is where your persona comes into play and your ability to build rapport.4.)

Hi Serena, I highly recommend taking the course in person as you'll complete it faster, and, as others have mentioned, you will retain more as you will receive real life examples and in many cases will get guidance as to what to expect on the school and state exams.

You need to get out of business with this person as soon as possible and as amicably as possible.