In 2018, after four years of no reports and membership payments, Vantage IRA sent him a 1099 notice saying that they had distributed the full amount last reported in 2014.Additionally, my friend filed a chapter 11 bankruptcy July of 2014, shortly before his arrest.With this being said, my friend never received the disbursement, Vantage IRA is still the member of the 7 LLC's contained within the account, and the LLC's were never closed.

In the Province of British Columbia, companies are using bare trust agreements (held confidential at Lawyers office) to hide the true owners of Limited Companies.

@Kenji Tominaga, why can't your lawyer negotiate for you?

Who gets use on popular weekends etc... a good lawyer might be worth the costs.

From the City to the courts, the police, the litigation lawyers, the inspectors, the utility companies and worst of all the tenants. 

I'm a huge proponent of being able to lawyer without the assistance and expense of counsel.In the big scheme of things, eviction proceedings are quite informal compared to other actions and really the question becomes 1) is there a valid lease?

Maybe do a bit of rehab and increase rents, divide by cap and you see how much value you add to your property's "ARV". example4 units - $1000/unitARV $500klight rehab brings $1200/unit$200*4*12 = $9600 / let's say 8 cap = $120k additional property value ARV $500k -> $620kAdd appreciation, gentrification, more depreciation, refi.BTW a LLC is like $300 if you do it yourself or $500-600 if you hire a lawyer. $700-ish out of state.

There is NO registry for Trusts (like there is for LLC's and Corp's) so you get total privacy of ownership...which is your first line of defense when it comes to crazy tenants and contingency fee lawyers (and their dead-beat clients).

If you are renting the property long term, Id like to know how you would set aside money for repairs to the house and pay for a lawyer if you had to evict a tenant.

Stores in Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York, and Virginia are holding liquidation sales.Buy Buy Baby originally closed in 2022 as part of Bed Bath & Beyond's bankruptcy.