Do I need to file 1099s for the company that did that work?

They are basically saying it doesn't matter how much comes in this year or any year, it's all about how I filed my taxes over the last 2 years. 

These are actually great for long term holdings offering anonymity and asset protection without the 800 dollar fileing fee.

I do know the former owner filed for bankruptcy I. 2007 but it was dismissed before the foreclosure.

Serve the Notice - go to JP Court and file for Eviction.

The bidder subsequently filed to rescind his bid, however lost his deposit and was forced to pay additional fees to cover court costs. 

This is my first property so I’m wondering how imperative it would be to have one And how quickly after closing that I should file for one?

You should voice your concerns to your CPA.Most CPAs work 60-80 hours a week from the last week of January to April 15th on statutory compliance work alone. 

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.

You can file the LLC online with the state corporation commission.