Therefore I suggest bookmarking a fe links to access resources like checking out these calculators , the file place, REI resources, and looking into getting some or all of the really awesome and necessary books offered here on Bigger Pockets.

Part of me wants to try to move forward and just not get the state involved because lets be honest, when have they helped?

I have found that it is extremely beneficial to get involved with your city’s community if you want to gain a little extra insight on your own market, and the “5-year plan”.

However if she files bankruptcy she gets a 5 year stay on the foreclosure.But we don't want to live here anymore. 

I know it is Not ideal to have the realtor involved but I did explain to her that I was a wholesaler up front. 

—Uber founder and former CEO Travis Kalanick has taken the reins of a Los Angeles-based real estate startup, following a $150 million investment through his new fund, 10100.The small firm, called City Storage Systems, is focused on the redevelopment of distressed real estate assets.That primarily includes parking, retail, and industrial properties that “will need to be repurposed for the digital era,” Kalanick wrote on his Twitter account, announcing his fund’s purchase of a controlling stake in the company.Kalanick will become CEO of the 15-person company and expects his 10100 team “to be highly involved” in operations, he said.

Lots of us who are involved in selling investor-type properties meet there.

File for eviction...

@Alfred LittonLLC's are considered pass-through entities so the income/losses earned by the LLC are allocated among the members of the LLC.Ex - LLC earns $50,000 of income where the LLC is owned by 2 members owning 50% in the profit and loss of the LLC.The members would then report $25,000 on each of their individual return.The members report the income regardless of whether the LLC distributes money or not.A couple of things you may want to look into.1) Are you required to file a partnership return?

It is always easier to do this in the year of purchase because there is a little more red tape involved by breaking out assets after the year of purchase.