I agree that the value doesn't appear to be there when silver was at $7 just 10 years ago, but it's also difficult to ignore the spending by the administration and the answer to the American and European debt appears to be print more or raise revenue, instead of cutting spending.

If a flip, and the roof has good appearance, and after your roof inspection, needs no repairs, I would not worry about it.

They appear legal in MN, because I found this reference to MN Statute 507.235 FILING CONTRACTS FOR DEED.

If I'm understanding your reply, it appears there will be no tax liability in 2011; the tax liability will be captured in 2012.

A number of these types of posts have appeared over the years (and these threads usually end up being removed by the moderators for whatever reason - but I have seen them and posted in a few as well).We have some members like Kevin Yeats who has picked these things apart.

Unfortunately I'm not sure if the IRS agent or the tax courts would agree with me!

They are operating, it appears, on your cash.

Another Court House situation: I saw a notice for a trustee sale that looked good to me.

I don't know about Michigan but here in CA you will find probate records in the Superior Court files.

., and local authorities aren't authorized to do anything without a court order.