A go-getter with the proper attitude cannot be denied. 

I also know a bit about project management, so if we decide to do a more major remodel on an investment, I can properly plan it out and keep it in check.I just wanted to introduce myself and say hello to everyone.  

None of it is worth very much money, but I want to make sure I follow proper procedures.Does this fall under "tenant" laws?

Any good underwriter at the bank will look at more than your Schedule E when determining the income on a property. 

While the first spouse receives the deduction, the second spouse then claims that income on -  Schedule C - and pays self employment tax.It's the exact same result, but you've at least transferred some Social Security/Medicare over to the second spouse for retirement purposes down the road, so that's good.If you're looking to figure this out for being a landlord, then you just put everything on one Schedule E for property you own jointly.  

I'm trying to understand when the proper time might be to throw in the towel and jump into a short sale.We purchased for 450k in 2006 at market peak, lived in the house until 2011, and then rented it out for $1400.00 which is the going rate for the el paso/cruces area hoping the housing and rental market would rebound.

Is it possible to get a good deal and be able to rehab the house and get proper insurance or will i be forced to rebuild anything i get thats on the water??????? 

I Googled: "homes for sale cuba" and found the following websites:1. http://cubahomesdirect.com/ (has listings on the main page and a contact us) that opens a new e-mail Even discusses Cuba Laws.2. the cubahomeforsale.com website that you linked to originally also has contacts that you can e-mail I always feel like it is easiest just to speak to someone. 3. http://www.havana-houses.com/index.php/en/ and So on and so forth...

This of course in not suppose to happen with proper remediation but it is better to be safe than sorry.

Please feel free to e-mail me ([email protected]) or let me know when you are here and we can meet up.