If they wanted to fight this in court it would take again substantial amount of more time, billable ours, labor, manpower and money.Anonymity and privacy are just parts of asset protection.

Does that do me any good when it comes to going to court?

If you were to buy a bunch of properties and sell none, or to sell a bunch of properties you had held for years all at once, it seems unlikely they would declare you a dealer.

I would be more concerned about doing something silly like paying your kids a salary, or having the LLC as the trustee of a trust (which is frequently pierced in court) or not paying taxes and having the entity shield pierced.As for war story, I was audited for 04 and 05 and the proposed tax and penalty was >500K..

If it was proved to be meth and he is arrested you can request the court for restitution as part of his sentence.

If you are transferring the property to protect your assets I find it very hard to believe that a court would allow the lender to accelerate the note.

He managed to reduce it by half in court, but that is still pretty heavy!

then I thought how about an 'interpreter' we have a friend who does this for RE investors to do rental agreements & goes to housing court.

Unless terminated by court actions. :)

All information including court documents, images, textmessages, emails are either public information, was in the public domain, I hador have authority over, or personally belongs to me.You can view the fraudulent complaint he filed to try having the site takendown.