40%  Who knows what it will be, but the point I want to illustrate is that because 401k and traditional IRA accounts are taxed on the backend, the security of the $1 in the account is really determined by the same entity that can decide to pause rents for a year.

Here is a quick back of the envelope calculation illustrating how a cash flowing 8% CAP property could turn into negative cash flow with these additional taxes.

It is interesting, easy to read (though not well written), and illustrates some principles in a creative way but it is not entirely accurate.

Here's another article that illustrates the administration's position.http://www.thaindian.com/newsportal/business/obama-sees-us-economy-moving-from-recession-to-recovery_100179706.htmlMike

That is not the only scenario, but it does illustrate that it depends on the hardship, not the payment history.

A good example to illustrate to folks that both the UPB and BPO levels matter in pricing talks and taking one or the other on their own sort of distorts the real market tolerance for risk in the asset class.  

The photos are nice and big and illustrate a broad range of price points, styles and finishes in the local market. 

If you can illustrate that it is in their interest to lower their fees for you, you will be much more successful.

I hope it helps illustrate the point, at least.

Government rules define how much excess premium can be placed into the policy.You'll know that your policy is properly designed when the end of year cash value on your illustration is about 85-90% of the premium that you paid in Year 1.