Not only will it be harder to identify expenses you could have deducted, but it will also make it more likely that you get audited by the IRS.Protects your liability -- If you’ve registered as an LLC or corporation in order to limit your personal liability, your personal assets are generally protected if anyone tries to come after your business.

I currently work in sales for a professional services company and after a few years in the corporate world I have committed to being more active in my own personal real estate ventures and making a wealth generator that will supersede me. 

It's nation wide standard to qualify septics by BEDROOMS which if you think about it makes sense.

Corporations they can fight us little guys we have to suck it up.. and Attorney is not taking that kind of case on a contingency .. s:) 

The attorney's here in GA charge North of $1700 to handle barment (which I think is outrageous considering how simple it is), so for two properties I'm looking at paying $3400.Now, I know exactly how to do every piece of the barment myself but I'm holding the property in a corporation and the laws in GA prohibit a corporate owner or officer from representing the corporation on legal matters (which is nuts to me!).

Also, in this market nationally, $60K equity might be large, or it might be a drop in the bucket depending on your local situation. 

You handled it very well and while it wasn't a cheap date, it might help to know that the national average claim for exactly what you encountered is $10k.

I have found National Integrity Title Company is great with Sheriff Sale and REO properties.

I'm working with a national handyman service on tenant calls for repairs.

The National Association of Realtors just passed what’s known as the MLS Clear Cooperation Policy, banning all off-market real estate listings starting May 1.