Let me emphasize part of the above snip it: "For example, some small business owners divert corporate assets for their own personal use by writing a check from the company account to make a payment on a personal mortgage"So...... if I am thinking about what Nolo is saying, writing a check from your LLC to pay your personal mortgage pierces the Corporate veil.I would be curious to know if anyone here was ever sued by someone that claimed that the LLC was the alter ego of the owner because of paying their Mortgage via the LLC?

You can't use the LLC as your alter-ego or else it will pierce your corporate veil. 

If you don't, then you are using it as an alter-ego which pierces your corporate veil.So, if you transfer Title but keep the mortgage in your name, who pays the mortage, for example? 

This comes after just getting through a major bathroom remodel that maybe could have been just some minor plumbing alterations, if one of the tenants in the unit had maintained the facilities and alerted the previous property manager of any problems! 

I've spoken to numerous agents, and while they've all agreed that the area is currently undergoing revitalization, based on what they say about the area in general, I haven't really been able to figure out if that will translate into a good rental market.

However, the above rules don't affect the determination of whether a taxpayer materially participates with respect to any interest in a limited partnership as a limited partner. 15 Moreover, the election to aggregate all rental real estate interests isn't intended to alter the rules relating to the material participation of a limited partner. 16 RIA observation: In other words, the fact that a real estate professional's rental real estate activities (whether aggregated or not), conducted through limited partnership interests, aren't automatically treated as passive activities, under the rules explained at ¶ M-5161 et seq., doesn't mean that those activities are automatically treated as non-passive.

You can’t change this simply by saying “I’ll use it for storage”, you’d have to demo/alter the unit to change it….prior to getting loan approval. 

, US credit with 4 tradelines which it sounds like you have, anything not written in english must be translated to english by appropriate vetting, you need to go to US embassy to be notarized, and you need a team of people in the city where the property is to trust.

However, doing this in Hudson county is tricky because most places are Condos and there are HOA fees and very high taxes, so I did alter the blueprint to work for us up here in North Jersey.

Luckily, I have a friend who is a retired detective who can translate the reports.