In addition to this, the federal reserve has been telegraphing their desire to start reducing their massive $4.5 trillion balance sheet assets of treasury bonds and mortgage backed securities as soon as this year.

I certainly recognize there is room for disagreement, which is why this has always been a very contentious area of the law and why the IRS and Treasury have rewritten the regulations in this area numerous times providing a number of new safe harbors provisions (i.e., specifically to avoid fighting over this issue on audit).

I would agree that you probably can't buy title insurance....and even on resale it is normally tough to get it before a 2 year period...either due to redemption rules or foreclosure challenge issues.Some auctions like treasury auctions that give quit claim deeds may take 4 years before you can get title insurance.

also with the new casino opening up this march means more people coming downtown.Jon Klaus: ty and good luck to you also Sir

Protecting hotels and casinos, a very powerful lobby.

It is a smaller advertising company with a casino for a client.

The demand for vacation there is huge due to lakes, ski resorts, casinos, hiking, hunting etc. 

I've never experienced "abandonment", but DJT casinos apparently fit? 

US Treasury liens, usually, IRS, if file after another lien was filed, can be removed from property attachment via a foreclosure IF the government agency holding the lien was given sufficient notice as determined by Federal law.  

Maybe you know this but the Treasury Department does not pay you interest on that money if you leave it with them over the 27.5 or 39 years. ;-)