Hope you never need any help in this Life or end up old and Broke in a tax payer supported Nursing Home.

Or put another way, sounds like $106 from each of the 122M US taxpayers.

Specifically, with taxpayer funds at risk, federal regulators must take every possible precaution to protect them.

The county requires 25% down to start a tax payment.

Most taxpayers that report long-term capital gains on their taxes pay a tax rate of 15% or lower.

The basis of the original investment is increased by 10% if the investment in the qualified opportunity zone fund is held by the taxpayer for at least 5 years, and by an additional 5% if held for at least 7 years, excluding up to 15% of the original gain from taxation.A permanent exclusion from taxable income of capital gains from the sale or exchange of an investment in a qualified opportunity zone fund, if the investment is held for at least 10 years.

But they qualified for $650 from the Govt/taxpayer subsidized HEAP program.

Go to the Assessment Appeals hearing and you will hear the Assessor and the taxpayer/rep describe their valuation from rents, vacancy and collections to expenses to cap rates. 

Here is a quote right out of the Notice: "FTB is aware of arrangements in which a taxpayer or QI attempts to convert proceeds from a failed like-kind exchange, or the unreinvested portion of proceeds from a partial like-kind exchange, into an installment payment structure such as an installment note or similar arrangement in which payments are to be paid out over two or more years (the "Transaction").

@Marc Winter Politicians need to be taken to task for this reckless behavior and vote buying with taxpayer funds!