Also, there are sales; however, (namely) Tax Deed Sales, Tax Foreclosure Sales, and Special Tax Sales, etc. where Actual Real Properties are sold (Homes, Vacant Residential and Commercial Lots and Buildings, Mobile Homes, etc.) whereby you get a “DEED” to the property without having to wait-out for the Redemption Period to end.FYI: Google/Yahoo "Delinquent Tax Sales" or other related terms for more info. on that as well. 6.

There are different types of 1099 forms so check the list on this page of the IRS site:http://www.irs.gov/efile/article/0,,id=98114,00.htmlCancellation of debt (1099-C) sounds like the right form.http://www.irs.gov/pub/irs-pdf/f1099c.pdf is the actual 1099-C form.

My thinking has been along the lines that some relatively significant portion of the proceeds of our first deal should be sunk into a marketing campaign to get the word out and get some better/easier deals sent our way.

Looks like this thread keeps growing and growing, lets see if we can get this thread to ten pages LOL.

We have been together now for 2 years & are finally getting on our feet after both divorces & her robbing him blind - LOLNow my question - LOLWe would like to get back into REI - we are working on Re-financing now and talking to a relative for investing & may have access to between 10,000 - 20,000 for investing.

Scott,A related discussion took place on this subject.

Keeping related activities together.

A relative or attorney.

The main reason I came to Michigan was because I have relatives that are based here and I can stay with them until I am set up.I had no idea how bad the Michigan market was before I arrived.Now I am thinking that it is not the best market to be starting with no cash to invest.I have all the time in the world to search for deals and I am ideally looking for a partner with the money, who I can do the searching for.If anyone is looking to invest in Michigan.

I will be more than happy to share.Hey I feel as if I have something to contribute to the BP community, even if it's not RE related.