Absent fraud, or heavy co-mingling of funds to the point where there no meaningful distinction between the business and the owner, the law dictates that the corporate veil holds up.

So many people talk about seeking a truly passive lifestyle, but for anyone who has tried that for a couple of weeks will realize life is meaningless without meaningful engagement and responsibilities. 

I'm passionate about engaging in meaningful discussions on all aspects of real estate.

They do not provide meaningful oversight or guidance with respect to tax code compliance.A checkbook IRA LLC is an enhancement on the above structure that is generally more time and cost efficient for investors with a more diverse portfolio.

Hi @Chuck Patel there is not enough information to provide a meaningful answer. 

Below, is the link to the "complete statute" for California Tax Sales, plus I extracted a portion of it for your review (the section that I believe deals with you question).

I know real estate is full of potential but I want to also create meaningful relationships along the way.

@Henry ClarkBuyer is illiquid so thinking of ways to extract value by moving through loops.

You just have to get good at extracting the value out of these personalities where you can, and ignore the slimy sales tactics when they show up.

Zip codes are generally too geographically large in most markets to be really meaningful but especially in Indianapolis where it can vary block to block and even street street.