Posted 6/1/2014 23:08 (#3897608 - in reply to #3896937) Subject: RE: uncle sam rewarding bad behavior threw fha loans
SW Minnesota
1) If you don't know whether it is BS you probably shouldn't be repeating it.
2) Things like write downs do happen. I practiced law for 30 years and I know that typically there are non-disclosure clauses in the write-down agreements. If you know for a fact that it happened you or somebody probably violated their contract.
3) I knew you had some things wrong when described this initially because there are lending limits on FSA loans. It is pretty hard for a BTO to get very far with FSA/FHA.
4)I noticed you still haven't Answered Noah's question. If are a farmer you are incredibly naive about how real estate purchases work. I don't care how many buildings a farm has on it you are going to add more to an income tax problem than taking it away.
uncle sam rewarding bad behavior threw fha loans
