Foreclosures: Foreclosure activity drops sharply nationwide - latimes.com

Foreclosures: Foreclosure activity drops sharply nationwide - latimes.com: "The decline in foreclosure actions — from default notices to bank repossessions — dropped the most in states where a court order is required to take back a home; such so-called judicial states do not include California."

If you’re the owner of even a single unit of rental property, starting this year you must start tracking all vendors doing at least $600 worth of work for you. Federal law now requires you to send them an IRS 1099 form.