But the law is being challenged in court as government confiscation of property - which it effectively is.

It would probably be confiscated regardless of if you reported it or not to them.Andrea, some research would need to be done, but its possible you may be able to defer some of the gain before the sale is completed.

Then there are always the taxes they have been trying to pass for more than 10 years.The last thing they want to try is to confiscate the guns ESPECIALLY after the ruling by SCOTUS last summer.

Originally posted by Alfred Bell: Again... gold is moot (may not play the role it has in past, and a threat that government can confiscate it, like they did in Great Depression).

It takes your current annual cash flow and confiscates part of it to feed the rental property."

Infact, the city is now asking for volunteers (and getting them) as sign police to confiscate signs and write tickets.

As a borrower you have many more rights than you previously had)This is what I talk about when I say you get yourself worked up over this stuff and "confiscation of your money" and all the other incendiary and negative things you say.If you constantly fret over being robbed and usurped and confiscated and nasty things like that, it bogs you down.Just tell yourself, hey, regulation and taxes are part of the deal with getting to live and do business in this great country.

Cutting spending, monetizing the debt, and confiscating wealth from "the rich" are the only viable options to close the gap.

I have tried approaching a back fro morgage however i want qualified especially that banks nowadays are being very strict.The developer sent me a legal letter recently stating that im in breach of the contract referring to the payment schedulle,in which i have a short period to settle my payments or else they will confiscate the entire amount on both my units.I have paid soo far a 30 % in one of the units and 15% in the other.I am trying to settle a win win situation or solution with the companys management inorder not to loose my money.I have proposed the below and all of these were rejected.1-consolidating from 2 units to 1 unit and transfer the money into it2-credit note3-retain 50% of what i have paid4-Lease to ownI need your input on this guys.

If someone is confiscating my money in the form of taxes I SHOULD be able to take said money and use it in the form of a voucher to attend the best school for me.