The reason this doesn't bother me at the moment is that the town just received two grants from the federal government to have the mills in the neighborhood (remember this is an old mill village) assessed and the land cleared off and returned to an operable and appealing state.

The number one indicator of an impending pullback is that in december of 2013 the federal government ran a budget surplus.

My wife informed my about some sort of government-backed loans that ony require 10% down, contingent upon my business occupying at least 51% of the square footage.

I'm not familiar with your type of loan but my first house was a government backed loan and because of that we had to fix things on the property before we could close because the loan couldn't be closed with these issues.

Fort Collins has tons of government, some tech stuff and small businesses.

(The bedrooms are small though).The owner had a print out from Vision Government Solutions, Inc.

Try your state government websitehttp://www.window.state.tx.us/taxinfo/taxforms/90-forms.html

Let's step back in time when the government sign into law the Red Flag act most business is not using it, and the OFAC act most don't use it, and I have not heard anyone going to jail by not abiding by these rules.

The government said everyone must follow the OFAC rules but look like it has faded into the Texas sunset.

Although you will probably not be prosecuted criminally for doing so, you could certainly lose credibility in the magistrate's/judge's eyes and that could affect you for years to come.