When a spouse is NOT listed as a Member of the LLC, can he\she make any claims against the property of the LLC?  

Ben, I do get a kick out of your writings, but while I don't pick at you, there seems to be a shortcoming in you "teaching" creative financing without a finance and accounting background, I don't think that definition is what creative financing is, but is more to one aspect of what creative financing may accomplish.

The first major step is determining if it will pass the building inspection if it is rezoned or how much it will cost to meet code.Thanks,Ben

-Ben

My tenant is on a month to month lease, but has really settled into the property and has expressed that he intends to live there as long as he can. He

If one qualifies for the exception to the Passive Activiry Loss (PAL) due to Modified Adjusted Gross Income (MAGI) at 100K or under, can he/she deduct rental losses where no rental income existed that year?

Ben it means you can get free and clear title so that a lender will loan on the property or a title insurance will give you Title insurance with no exceptions other than ad valorum tax's ext.it gives you and out way deep into the transaction if a lien or judgment or other item shows up that precludes the title from being marketable.. this is standard verbiage in most RE estate boards contracts. if your doing an off the shelf contract or on line one it may or may not be in there and this guy Terry is advising you add it.. pretty vanilla really.

-Ben

-Ben

@Ben Wengerunless they both agree, along with you then this is a court (civil) issues.