At that point the county post the info in the news paper and it goes to county court (2 1/2-3 months) which in that case it goes to auction at the county steps (supposedly) if nobody buy its at auction (which in my experience nobody ever does) then it becomes your property.

Even then, its limited to $25K passive losses a year.The good news is the disallowed passive losses carry forward and can be taken when you sell.

This was one of the holdouts when the neighborhood became developed.This is pretty much where the good news ends.

It is funny how sometimes people equate correct knowledge as bad, because it brings them news they do not want to hear.

One in the hotel business, one in sporting goods and one in a small auto parts store (lol), one thinks there should be no income tax and go to a sales tax, with exemptions for corporations, LOL!

Anyways, I'm sure I'll have some great news on that topic very very soon.

We list for fannie in florida...and it DRIVES ME CRAZY tenants act like this is news to them the day i knock on their door.

Investing is a team sport.

I love the city, they just don't love me back :)That is good news though for OKC, do you have any plans on taking advantage of this or have you seen positive changes to the RE because of this?

Wow...great news!