This means the IRS will treat the LLC as if you and your wife still own the property directly, maintaining the continuity of ownership for tax purposes.

I did have a under ground contractor not pay his rock bill to the tune of 500k and we got notified and we paid it directly.. 

He included my Last Will and Testament, Living Will, Advanced Healthcare Directive, General Durable Power of Attorney, etc.

A quick google search will point you in the right direction.

These investments in the area are expected to create tens of thousands of new direct and indirect jobs and further accelerate population growth and housing demand. 

Quote from @Havital Miltz: Wow a bit of a sticky situation, did you have a conversation with the seller, directly or thru your realtor prior to the closing to find out if the tenant knows they are supposed to move out?

@Joseph Sakic the "pain" is directly related to:1) How much your current PMC cooperates2) What paperwork you already have or can get to send to the new PMC

Oil and gas wouldn't be what it is without the government taking on much of the risk through the intangible drilling costs tax credit, and the depletion allowance act deductions, and literally hundreds of other tax benefits, loopholes and direct subsidies plus the fact they have access to public land to be drilled for pennies on the dollar, and the government cleans it up once they're done. 

I will contact you directly as I do not want to violate any policies here on the system.   

We cherish the opportunity to work directly with the seller.