I made some phone calls and realize that Wyoming is a better fit for my LLC formation.

What I like to pride myself on is the true boutique feel and the sense of trust with our clients.

This will make them "sticky" on future projects because they feel you are educating and protecting them. 

Feel free to reach out if you have any questions or if there's anything specific you'd like to discuss or learn more about.

Write yourself a check made out to 'cash' and deposit it for the funds needed.Also, you may want to check if you need to KEEP 150% of the funds needed in escrow with the town.

Feel free to reach out with specific questions once you ahev narrowed down your plan. - Chris Kersey 

Feel free to message me links if you find someplace and I can give you a run down of what would need to be done to make it sec 8 compatible.

If it was in bad shape already and her dog made it worse...I'd pay a larger percentage.Talk to a flooring company (not a big box store) and ask them what they'd recommend. 

Hey Michael - we definitely have a lot of consensus here - based on the facts in Texas, I would agree with you that it sounds like the burdens and benefits of ownership (or at least a significant amount of them) are transferred as of the auction date, and based on what you stated, I would also feel comfortable taking the same position for a TX property - it would certainly not contradict the revenue ruling given the related restrictions on the property and taking possession are an entirely different fact pattern, making the ruling moot in your scenario.Which I think highlights even more one of my closing points (and your point as well on Jurisdictions) - this likely changes wildly by jurisdiction. 

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