She said that recent court decisions have pierced the single member LLC on the basis that it was simply an alter-ego of the member.You are not going to get sufficient knowledge of this subject by asking a few questions on the internet.

In this way more and more people will benefit from all the knowledge being passed around on our forums.

I hope you find exactly what you are looking for on this site and I hope you share your knowledge with our fellow members as well.

Helped give me some direction with some of the knowledge I have been soaking up over the past few years.

Doesn't meet my criteria.But hey- you bought it, knowing damned well you couldn't pay for it...or...cashed it out...not to improve, but to go on vacation....Now you're stuck, and I cant even help....but I will be there when the bank resells it, cause at this point in time at least the bank knows they made a bad decision, and you may not have the equity to sell at a loss, but hey - the bank can.

Scott,Welcome to BP.There is a lot of great knowledge on this site.

It seems like you still lack a lot of required knowledge.

I believe that with the proper guidance and knowledge you will be able to meet those goals no problem.

Everyone around here seems really knowledgeable, and there has been a wealth of information thus far.Here's some background on me: I'm 20 years old, and a full time college student.

My business has really motivated me to eventually invest in real estate, particularly rehabbing, as I have the resources (employees/knowledge of work) to take on such projects.As finances are a factor, I'm also considering buying and fixing while living in the house.