I'm intrigued by the fact that Obama Presidential Centre will be taking Place in Jackson Park and this property looks like 2-3 blocks away.

yes you could drop your taxes on your short term profits from a flip (that should be taxed as ordinary gain which is over 35% especially when you add state tax and obama's care) The challenge would be if you do drop your tax (usually to around 20% or less on these real estate flips) your net money will be sitting in the Puerto Rico company you set up. 

another problem is the obama law, where you can't kick out renters that have a lease, renters have figured this out and are manufacturing long term leases to foil reo lender/trustee sale buyers efforts to take possession after sale.

@Steven Hamilton II I got to 43% within 39.6% highest bracket Federal individual tax rate plus the Obama health care tax of 3.8%, and did not add in the 15.3% Social Security Tax, which would make the total even higher at 58.7%, not including state and local income tax which obviously varies from state to state.

Within the Obama Care legislation were 3300 new rules and one of them deals with the sale of older houses.

Besides, what is it Obama does for Independents?

Welcome to Obama Land!

You cant tell me the guy that was looking to trade your Obama phone for an alarm clock is going to see the passing of this bill.

Not on Obama's back or Congress' back.

Prior to 2011 (moreaccurately October 2015), it would have been illegal to asvertise over the Internet, or anyplace else to "come one, come all" into a Crowd Funded deal for a profit making venture in the same way not-for-profit groups beg for money (again off, or on the Internet)In 2011, President Obama signed legislation making it legal to raise money over the Internet, subject to SEC approved guidelines.