I have asked for a refund from Broad Financial, and this was their reply:"Our counsel is of the opinion that a foreign IRA LLC of which the IRA account-holder/LLC manager is a California resident is not responsible for the California franchise tax - as long as the LLC is not doing in business in California as per the definition in Section 17708.03.

I'm pretty sure the note holder isn't rushing to foreclose or it would be done by now.I have the means get her current but how can i take control of the property, get her name off the title but keep the same terms with note holder.  

Some people will buy a property subject to the existing financing which will transfer title into there name and leave the loan in the previous title holders name, but the new owner will continue to make payments for the old owner who's name is still on the financing/loan.

On Liquidity:My thoughts are that many of the major players in the turnkey space are market makers themselves in their respective areas, so liquidity is a major issue for turnkey holders when they decide to exit.   

If the majority  interest holder is WVU, I may be able to help with contacts.

The trustee will usually be instructed to bid in on behalf of the lien holder the total of amount of the principal, interest owed, late fees and legal fees, as well as any other legitimate fees incurred by the lender.

We are long term holders.

BK attorneys for the borrower have gotten very crafty these days in ways to try to protect their clients and make the note holders very uncomfortable. 

(Credit one, first  premier, etc) Stick with Visa, MC, AMEX, Discover)

Suppose the first mortgage holder forecloses, the property is sold at auction, and the mortgagor redeems the property within the redemption period.