OH... and Rich, you are so right... we are in for a bumpy ride as the Government just is not capable of plugging all of the leaks in our economic damn.At some point in time market forces have got be unleased to make the needed corrections so that things will return to some level of normal... whatever that may be... sooner then later.In the mean there are going to be some killer deals out there for those savvy enough to recognize them and take the needed action.

http://www.biggerpockets.com/forums/310/topics/48799-permission-from-government-to-sell-your-house-h-r-2454

No gift to a political organization or government agency is tax deductible.

I would add that government regulation probably has quite a bit to do with companies outsourcing over seas, as well.

Is the government picking up the tab?

Such partnerships are governed by both state and federal regulations, and those regulations are actively enforced.

But such information can be found in forums, blogs and especially on mortgage/government sites.I'd suggest that no matter what one buys about real estate, that they take the material with a grain of salt and double check out any strategy with a local attorney before implementing any program or deal.

The government even has a program to void the tax bill that's due on the forgiven debt.

Becoming a secure party creditor is taking your identily back from the government.

In essence, the property is a government entity owned commercial building, off the interstate 10 gateway (making it highly visible), blocks from downtown El Paso.