And those also only have a limited ability at best to generate a balance sheet, which you generally want to include on a 1065 return.came here looking for answers to exactly this question, and David is correct re: why.

You have a stronger ability to not allow a court action to pierce the corporate veil. 

As the owner of the property that is being severely mismanaged, do I have the ability to move the money directly to my bank through government action?

it was my version of cash for keys - only it was more an agreement to not have their ability to rent again trashed for keys (definitely cheaper).Sorry you're dealing with this. 

That's not a show stopper since you'll never go broke paying tax on profit.But the ability to use all of that big tax bill to benefit yourself throughout the rest of your life and then pass it along to your heirs tax free is seriously worth considering. 

The quaility of old existing units, and the ability of the long term population to pay new rents, blended with an influx of small high end mill conversion units is simply not balanced.

The legal action is against people who have no intention of closing or no ability to close the purchase tying the property up with the seller believing the buyer will close when in reality the transaction will only close IF the “buyer” finds someone to pay more than he is paying.  

“Money goes where money is treated best.”Your future ability to attain and maintain financial freedom depends on the city where you invest.Investment TeamAn essential location selection criterion is an experienced local investment team.

Operational control, most importantly, the ability to perform value add work to increase your returns.For instance, if I want to buy microsoft which I think is a great investment (likely to net 15-20% for the forseeable future)--better than real estate (which I expect to unleveraged yield 8-10% (5-6% on rent 3-4% on appreciation). 

Investors benefit from passive income without taking on any of the operational risks or liabilities, but the model, which is actively developing and innovating, depends on the property owner’s ability to manage the property effectively.