The yield on 10 yr Treasury went from 1.77% to 2.43% (which is what its at right now), and the S&P index jumped about 6%.

But pricing is stagnant as newer properties are selling low & it has been difficult keeping corrupt individuals off the board running the association & stripping the treasury. 

If all of that fails, go to the County Courthouse and talk to someone in the treasury department; the house has property taxes or go to City Hall and talk to someone in inspections.All the best!

@Bill ExeterI seem to remember a Treasury regulation that required you to set the tax basis for a rental property converted from primary to rental use to the lower of the fair market value or current cost basis.

Seven days or less and you lose that default definition as passive (Treasury Regulation 1.469-1T). 

I can't be the only one that thinks that this Economic Stimulus Plan is not a good idea.The US Treasury is going to go into more debt, so that people can buy more crap at Wal-Mart?

If the US treasury had to pay 20% interest in $18 trillion, the interest payment of $3.6 trillion would exceed all tax revenues.

Hopefully with the Treasury now standing behind Fannie Mae and Freddie Mac some stability will return to the markets.

As atarget mentioned, it may take the form of an RTC type of entity that address the S&L mess.This plan if passed would raise our national debt from $10.6 trillion to $11.3 trillion to make room for the massive rescue.However, as of this morning the proposal does not specify what the government would get in return from financial companies for the federal help.Something mentioned by Treasury Secretary Paulson should be considered; "I am convinced that this bold approach will cost American families far less than the alternative — a continuing series of financial institution failures and frozen credit markets unable to fund economic expansion," "The financial security of all Americans ... depends on our ability to restore our financial institutions to a sound footing."

Treasury yields have crashed as the Fed has taken the Federal Funds Target Rate to a range of 0-0.25%.