Why would you carry forward a loss, if you have the option to get cash back (or pay less cash to) the government now?... 

It's done with a google map print out, clip board, pencil, ruler and some serious drive time! 

I do agree that there is not much of a difference between a regular IRA and a self-dieted IRA including the lender "allowance" of more and easier lenders available and the way to cheat the government and for personal benefit ways that you allready have in a typical IRA.  

It's that when most of you get here, you start voting for the same big-government crap that f-ed up your own economies in the first place.No, we don't have a state income tax.No, you don't need a license to be a painter.No, you don't even need a license to be a GC.

One other thing that the General Public thinks is that Real Estate is a way to get Rich and that Property Values always go up...Dumb Money believes what the Government tells them and they get all their information from TV.

In these cases, the specific sector was over-inflated and collapsed as faulty - maybe even fraudulent financial vehicles and/or practices were introduced to suck even more money out of the sector as it heated up.Just because the dot com sector eventually swallowed reality and fixed its fundamentals on value products/services, the energy sector resolved in the courts, and the housing sector flushed out its overly speculative practices (many of which were really bank-driven, primarily as loans issued to folks who had no business buying housing - and toxic mortgage packages created with weird names and no vehicle history to attract investments thus made with no due diligence and no 3rd party oversight - which took unprecedented government intervention and bailout across many sectors to fix), doesn't mean that the next sector downturn trigger doesn't lurk out there.What some call creativity or innovation is really just greed masked in packages so new and weird that due diligence is nearly impossible.  

-The form used for identifying the 3 properties within 45 days, it's not an official government form like a W9, it's just a template style that varies?

@Svetlana Foley Cold calling, door knocking, and just starting to mail probates from a realtor angle next week as soon as I have print materials back. 

@Daniel Madsen  Permanent Resident Aliens(green card holder) can get conventional and government financing options.  

But more government in our lives makes it easier, LOL.