Heat 1 tablespoon of the oil in large skillet on medium-high heat. Add meat; cook and stir 3 minutes or until no longer pink. Remove from skillet.
Heat remaining 1 tablespoon oil in same skillet. Add onion and bell pepper; cook and stir 3 to 5 minutes. Return meat to skillet. Stir in water and Seasoning Mix. Cook 3 minutes or until meat is cooked through.
Spoon meat mixture into warm tortillas. Serve with assorted toppings, if desired.