@Ben KirchnerThere are 3 reasons that I can think of for filing separate.You and your spouse do not want the other to know his/her personal/financial informationYou and your spouse plan to divorce and you don't want to be held liable for the other's tax liability(if anything were to arise(IRS finds more taxes due at a later time and both spouses would be jointly liable)There are unique scenarios that filing separately creates a less overall tax liability.for scenario 3 - ask your accountant to run the numbers if you both files separately and filed jointly.

@Amit M. right now I dont believe that the bubble is going to pop (Maybe in 5-7 years in my opinion).Properties are really expensive, lately a new law was put that taxes any one that has more then 3 properties in Israel,for about 425$ per property from the 3 or 4 one and up. this will surely lead to a rise in the renting price (lose lose cause the owners will only get enough to pay the new tax and the renties will just pay more ).even areas that aren't considered really high up like Tel Aviv are very expensive. 

QBO is more expensive in the long run, has less features than the desktop, and since it relies on the internet, complications can arise from poor or spotty connection.

You would find yourself with a rising cost of money, interest, and falling values.

Some of the most successful people throughout history have been people that have the ability to bring people together or know who to turn to when an issue arises; you don't have to know everything, but you should know enough people that collectively can get the job done.

Your own money is not borrowed money, it is not money arising from a transaction where you net a profit by or through an interest in a note, that is brokering. 

I'm sure there will be more clarification on it in the next couple of years when issues arise in the courts and professional registration boards.Now, I'm not an attorney, so I'm not giving anybody legal advice here, just doing my own research and passing on what I'm reading.If you keep the MH's in MO as Motor Vehicles with a Green Title, then as I read the statutes, if you sell more than 4 MH's you are required to get a MH Dealer's license (MO Dept of rev Rules state 6).

And while it’s fine for your immune system to sit on the sideline for a single play, serious trouble can arise when it’s out for the whole game.

If you think you will just hand your money to a rehabber and wait to be repaid, wait until the challenges arise and you have to get involved.

I cannot speak personally to California, as I am not licensed in California, but a Trustee Sale typically arises in a Probate scenario if and when there is a contested piece of real estate subject to a Probate Estate.