When the property is held by a written lease containing a clause declaring the lease forfeited for the nonpayment of rent for a specified time, no process shall issue against the lessee or other person occupying the premises, until the expiration of said specified time."

Or if they will pack up in the middle of the night and leave while declaring BK

I am a new Realtor with Coldwell Banker Tennessee Valley Realty in Muscle Shoals Alabama.

The land purchase is matched with the land sale, so you declare the income and then recognize the costs all in the same year in which the property sold.

The declarations call for 8 directors, a secretary, treasurer, and president.  

Done.By keeping these books separate, you are declaring what is an asset for the business, and what any creditor can come after.  

When I tried to go after their money they declared bankruptcy!

You can see Mass' declared dividend interest rate in this year's press release.

Maybe he will make it so there's no waiting period to buy more real estate using a conventional mortgage following a bk, so we can all get in on how he's been doing it for decades. 1) Form Chris M #1 LLC.2) Buy investment property. 3) Turns out it was a lemon.4) Chris M #1 LLC declares bankruptcy, debt is discharged.5) Form Chris M #2 LLC.6) Buy another home.7) ???

you have 45 days to declare and 180 days to close from sale.Mark