(Part 1 of 3)
Let’s get straight to the heart of it:
Attack #1: Would it bother you if you learned that the Obama administration has specifically targeted investors like you and me for massive tax hikes? These tax hikes apply only to investors and nobody else… Because you are an investor, you have specifically been targeted by this administration for financial penalization and increased government control of your business!
Attack #2: And would it bother you if you learned that the Obama administration has written regulations that make it illegal for you to sell any of your property via seller financing without first passing a government-created test and being registered with the federal government? That’s exactly what’s happening, and all current information suggests these new regulations will take effect on July 1, 2010. Again, because you are a real estate investor, you have specifically been targeted by this administration for financial penalization and increased government control of your business!
Attack #3: And how does it make you feel that the Democrat-controlled U.S. House of Representatives has already passed a bill that will require that every home in America – including your personal residence, and every investment property you own or acquire in the future – will have to pass a government inspection and certification before your home can be sold to any third party?
Obama has stated with perfect clarity that when this “cap and trade” bill passes the U.S. Senate, he will sign it into law. The net effect is that your private property is no longer really yours, because you will not have the authority to do with it as you please, nor will you have the right to sell the property to any willing buyer. Let me repeat: Because you are a real estate investor, you have specifically been targeted by this administration for financial penalization and increased government control of your business!
If you’re getting the impression that this administration is doing all it can to insert itself into YOUR real estate investing business, and to minimize your income through excessive regulation and high taxation, you are 100% correct.
I’ll give you some more detail about these issues in the coming weeks. I’ll also respond to those who have legitimate, good-faith questions and comments about these issues. And for those who support these initiatives due to blind loyalty to the Democratic party, your comments are welcomed too. Nothing illustrates insanity like the actions of the insane.
Watch this blog over the coming days for some very specific details about these attacks on real estate investors by the Obama administration. And of course, your thoughts and comments are welcomed here in the space below…