.: @James Hamling And with a singular "simple" quite "stimulus" trillion handed to JP to "provide liquidity" to "Protect" creditors/ business/ Americans/ etc etc pick your slogan, we the American tax payers just funded the single largest hostile take over in human history.But no one talks about this and a big % of the people reading this don't have a clue what you are talking about!

(Using traditional affordable housing, this project would have cost $400,000 per door, so the potential savings to the taxpayers is significant)     Robert, did you look at the proforma? 

Tax sales are a balancing act among (1) the need of government to collect property taxes and, if owners will not pay then, then to provide incentives for investors to purchase the tax rights and (2) investors, who need an attractive return for the risk they are taking, and (3) citizen taxpayers, who should not lose their property and all equity because of small debts and perhaps temporary or at least relatively short term financial difficulties.

If you purchase a property for $100,000 with say $20,000 down; and 3 years later sell said property for $140,000 while the mortgage has been paid down from $80k to $70k, that’s a cash out of $70k, or a $50k gain that can be used to pay down debt.Of course the easiest answer is to marry someone with no debt instead. 

What if annual tax payments were made to keep it from going back to auction?

Maybe they cater to the government and are used to just spending tax payers money with no responsibility. 

If he is still married, they can exclude $500K.None of this should have an effect on his social security or part time job.Good Investing...

He explained that back then, the options were simple: you either lived at home, got married, or lived in a house owned by someone else.

I am married with 2 kids and about to have a third soon.My sister lives in the KCMO area, specifically in Lees Summit.

I believe the exclusion limit is $250,000 for single individuals and $500,000 for married couples.