The above was quoted directly from 31 CFR Parts 1010 and 1029 RIN: 1506-AB02 as issued by FinCen in relation to the application of Anti Money Laundering Compliance Requirements.

Resurrecting this post.I just read a blog post from an attorney in New York which provides the actual memo from a title insurer that will not underwrite with the anti-flip language.

However the very nature of your question seems to indicate that what you would like to do contravenes the purpose of the statute which likely means the Service would go the extra mile to enforce the letter of statute against you, and if that were insufficient invoke substance over form anti abuse provisions to prevent you from accomplishing what you desire.

Yes they are trying but Baltimore is full of people who are anti business and advocates that think anyone making money must be taking advantage of someone. 

I love the freedom a passive income provides.But the anti-landlord vibe in Portland has been enough to make me question the ethics of buying and renting more property.

California, and San Francisco in particular, tends to do a lot of things that are anti-business, and there doesn’t seem to be significant consequences on a macro level as a result.

(pss: Fannie Mae removed the recession-era "anti family bail-out" guidelines a while back that previously would have prohibited kids from buying their parents home who were behind on multiple mortgages.)

Trust me, I was as anti-401k as humanly possible.

I am sure the feds want to track all person to person activities to catch terrorist groups from supporting anti capitalism actions.  

I am pro Good 401(k)s and anti Bad 401(k)s.The difference is night and day.