Now, you can also employ an agent or broker to do support type work unrelated to listings or showings, doing analysis, running comps and getting a BPO or any other administrative duty.

Very nice William E.I'll go ahead and throw out one of the terms I saw in the glossary.Conventional Mortgage – A type of mortgage not insured by either the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA), and thus usually requiring a 10 percent – 20 percent down payment.

@Mark BoumanIt's probably more of an administrative pain than it's worth to depreciate them as a fixed asset.  

The commission may impose a civil penalty of no more than five thousand dollars upon any unlicensed person who, after a hearing or informal resolution in accordance with all provisions of this Chapter and the Administrative Procedure Act, is found to have engaged in real estate activity without the benefit of a currently valid license having been issued by the commission pursuant to the provisions of this Chapter.

Good price on a nice blovk with no abandons but he said he saw people selling drugs on the corner so staying away from there.

If that is the case I suggest you contact your employer HR department or your 401k plan administrator and inquire if they will allow you to do "in-services distribution". 

I'm about 90% sure this should be foolproof for youStep 1: Get a real estate license (should take a couple of months to 3 months) in your countyStep 2: Get into a real estate agency (extremely easy as the requirements are laughable, unless you have a ridiculous criminal history like being convicted for drug trafficking. you wouldnt be here if you did so ill assume you didnt)Step 3: Look for great undervalued cash flow properties or rehab flips (THIS IS THE HARDEST STEP), and then purchase one, either with a friend or trustworthy business partner.

Do you know where we go when we want to find turds, drugs, or stolen cars?

https://www.irs.gov/pub/irs-pdf/f1099c.pdf - Also why does it say this in the 1099-c Instructions form: "A debt is any amount owed to you, including stated principal, stated interest, fees, penalties, administrative costs, and fines.

Seems to me this is more of a ploy to curry favor with a protectionist administration and a powerful congressman rather than an economically-driven investment.