I'm totally biased on that statement since I sit on the Atlanta board of directors for NARPM but it's a true statement. 

In any event, it's just a residential home:According to the Bexar County (Texas) property tax records, it's owned by Lazaro & Sara Kisel:Lazaro & Sara Kisel are also both listed on the registered company information as the Director and Secretary of the company:http://www.bizapedia.com/tx/JOINVILLE-FINANCE-INC.htmlNo mention of Raphael Kisel, but their registered agent is Paola Kisel who is licensed in Texas.....in Cosmetology. 

An excerpt from the article: “Lynn Grosso, director of HUD’s Fair Housing and Equal Opportunity Enforcement Office, told the Land Use, Property Rights & Environment Committee that a predatory cottage industry has developed for assistance animal certifications.

You mentioned Habitat, I was on the Board of Directors of our Habitat For Humanity affiliate, I drafted the notes for several affiliates.

Generally, self-charged interest income and deductions result from loans between you and a partnership or S corporation in which you had a direct or indirect ownership interest.

The question is, how does the broker have to be connected to the company within the entity for us to legally be able to operate in the state.Can they be in an advisory position (Board of Directors) or do they have to be a partner with equity.

We should discuss a little further on the matter.Email me direct or call me.Best,Daniel Sanchez

Whitney,I am the Director of Sales and Servicing at Sherman Bridge.

I have personally thought about doing this, setting up a C-Corp with my family to act as a board of directors, and own each new investment property as a separate LLC, it sounds good and probably works well but lets talk about some other concerns.Firstly while most lawyers myself included could probably help you navigate those 3 points above, if you are seriously considering the umbrella company strategy I think it would be prudent to search out a skilled asset protection firm.

However, de minimis amounts you pay for tangible property may be subject to capitalization under §263A, if the amounts include the direct or allocable indirect costs of other property you produced or acquired for resale.