1. House owned by LLC A. 2. LLC A writes mortgage to LLC B( IRS
restriction on the interested charged so that it has to be a bona fide mortgage).
3. Natural person owns both A and B.
So in case of insolvency, A bankrupts and auction off house, and closes down. B recovers most of the investment.
3. Natural person owns both A and B.
So in case of insolvency, A bankrupts and auction off house, and closes down. B recovers most of the investment.