What is does have to do with is the extreme debt the US is accumulating; the transfer of our jobs overseas; the move toward socialism; the takeover of the banking system and many private industries by the federal government; the desire of the governent to control every aspect of our lives, etc.

After all, insurance is a transference of risk and you decide what risk you can afford to self insure and what amount would cause a financial hardship.

As the kids move out, ownership is transferred from the bond holders to the kids.

Since you transferred to yourself, your liability is not that high.

That $100k wire transfer was still pretty scary! 

I find myself as a landlord, depending on the reason for breaking a lease, try to give a tenant a break - by imposing a lesser penalty than stipulated in the lease IF I was given adequate notice prior AND it's something beyond anyone's control such as a job transfer or family situations etc...AND the tenant has been a good tenant all along...So in such a case I gave "Joe" a break and didn't charge the full penalty agreed to in the lease.Now tenant "Bill" who lives next door to "Joe" wants to break the lease and I referenced the early termination terms and clauses are all clearly stated in the lease agreement but he said "I heard that Joe didn't have to do that..."

I was thinking of transferring the property into an LLC, stop paying the taxes on it, let it go to the County tax sale, and then, [hopefully] take a tax loss on it.My question is, would I be able to count this as a long term capital loss on my federal income taxes?

IMO, that's all hogwash and hype.First, the bank doesn't control ALL closing costs; there's title search  and insurance, doc fees, wire transfer fees all paid to the title company, not the bank.Banking relationships, especially local business, portfolio banks are just great, but no amount of wining & dinning will cut you a loan "just because you're a great guy and we're friends". 

I record the Deed once I take a property so that the world knows the Title transferred.

@Marcus Williams yes with seller financing the deed transfers to us.