We have done this with pre-foreclosures, where we reinstated the loans by paying the default amount.Make sure you run title and have an attorney and/or the title company prepare the right paperwork to protect you though.

The LLC is for asset protection, not tax reduction.Since the property is your personal residence, you need to split all expenses between personal and business.

It protects you and the investor.

Boker protection meaning a consumer cannot use the same lender for the next 24 month unless the broker is paid commission - Is it legal ?

I dont think this is the thing to do as age is a protected class.

Leases do much more to protect tenants.

You have to protect yourself and you do this by verifying the information provided.

Finally, you'll want to always consider how to protect your real estate assets.

We are discussing creating an LLC to protect our personal interests.

Part of the IRS definition of "separate venture" is that is keeps separate books, so aggregating personal finances with LLC's could result in losing liability protection.