@Scott JelinekSorry for late reply, and thank you so much for sharing this with me will check this out today.

Hello, I listened to Paul Thompson's podcast today and felt a nudge to offer my help to the community.

@Dave Foster  How did you know I was installing hinges today on the 1031 house you helped me with.  

Hello,Does anyone have any suggestions on where to find a true mentor that will guide one through real estate education and deals, without having to pay $30K? 

If they make payments to the deceased and issue 1099 to someone else - they are also in violation...You are doing the correct thing by trying to educate yourself and follow the rules, but you should not hesitate sharing the name of the custodian so other's can be aware of this also. 

My Real Estate education comes from reading and listening to podcasts only. 

I saw a house today that I think could potentially be my first wholesale deal but I need some help.

In other words, if you sell the properties today for $100k of profit, you owe taxes on $100k. 

She was the ideal prey of today's educational system.

Since a dollar today is worth more than a dollar tomorrow the tax hit on sale is worth less in today's dollars and the tax benefits today are worth more in future dollars.