So far, it seems the TARP funds are being used to clean up banks balance sheets and to buy other banks, and the feds are getting a bunch of marginal or bad debt.

***When I work with a buyer, I offer my knowledge and provide the client with the information that they need to accomplish their goals and make a quality decision.

Light bulbs you purchased for the rental unit and any cleaning supplies you purchased specifically to clean the rental unit are examples of a Schedule E "Suppllies" expense.

SOOOOOO 5 years from now some screw ball decides to clean you out because you made a nickel somewhere and they think you SCREWED them without a kiss!!

Pocket $30K (or, 50K, if you can sell it for $110K) and use that to clean up your credit.You're not going to generate any income on this property.

This is why it is imperative that floors and sills be carefully cleaned subsequent to lead repairs.

Make it shine inside, impeccably clean, fresh paint, new carpet if stained or worn.Have it professionally staged, this has made a huge difference in the time on market for my properties.Don't worry about selling from a distance, your Realtor and Title Co. will help you through it.

If it were me, I would have it cleaned and filled now so you don't have to worry about it later.

It is rare to get a quality "mentor" if you go looking for one and take out an ad here looking for one here on the forums.

Federal Trade Commission 'Operation Clean Sweep' crackdown on credit repair companies.Item 3.