.$400M gone is one week, of course that is just rounding in his P&L....So any investment has a big speculation component in it...

@Brenda Hedges The true value of a CPA is that they serve as advisors. 

Then I whittle it down to the winner based on which best serves my purpose.  

As long as the the 2nd mtg was named/served in the 1st mtg foreclosure, it would be wiped out when the foreclosure sale on the first happens, and become irrelevant, I believe.

My partner Kyle Lackey and I own EPRA Holdings, H L Homes, and we are partial owners of many other joint ventures for real estate portfolio growth in Texas.We are looking for a great relationship with companies, funds, REITs, life insurance companies etc. to help with our continuing growth and capital needs.

In your case it sounds like you'd be best served by keeping a close hold on your capitol and aiming for high ROI's. 

From the park's P&L, the cost for maintenance of the lagoon is around $2400 / year, plus electricity to the pumps, etc.

Regarding IRS form 1065, Schedule K-1, Part II, Line J under capital %, if P/L is 50/50, then any rental income (or loss) in a tax year is equally divided.

Anthony L.

Now there is mold again (surface) (or so he claims) and now that he is been served with eviction for not paying the rent etc 7.