That said, there was a 3 month moratorium in 2009 only on a state level and nothing by Obama, and only for the purpose of verifying the validity of the foreclosure documents before proceeding with a foreclosure.

I would send him a certified letter - requiring signature - stating that if not picked up by x date - you will sell for garage sale value and mail a check for the proceeds.

If they are unsuccessful at resolving the situation, they will send a "termination of tenancy" and proceed with eviction.

All rental income and proceeds from the sale will flow back to the Roth IRA.In addition to real estate, yes a Roth IRA can be invested in equities.

With much pain and deliberation, he tried to decide if he should proceed with the acquisition anyway.

Let’s assume you have invested into a Note secured by a 1st trust deed on a property.The deal goes bad, and you have to foreclose.Let’s also assume that the foreclosure proceeds are more than the note amount.Is the difference (foreclose proceeds – note outstanding – expenses) taxable and at what rate?

Let the judge decide how to proceed.

I am currently in the process of selling a property and will be re-investing the proceeds.

I'm not sure the best way to proceed LEGALLY since she does not seem to understand that the PFCU account is no longer an option.

Then buy another with the proceeds and do it again.There are a few other strategies that you can use like refinancing to try and capture some of the equity gain, sell using a 1031 exchange after you have it fully rented, etc. but the two above are your basic options.