Elisa,Thanks for the reply.Read the rules.You are allowed to put an email address in your signature on the profile page.

I'm a complete newbie, and doing my research..I decided to look on the web at tax records for some of the house I found on Realtytrac.

(This is relatively new technology-being built and studied, recently on the market, I think) Not doing it for the tenants, but for me--I would expect to move into that house sooner or later.

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.