He said so in his first book.The purpose is to increase the dependence on government and increase the pool of voters who will vote democrat out of fear of losing their goodies from the government.

So........I can not trust that the government to do the right thing?

I had made my offer, sent earnest money, obtained financing, Waited and waited while they completed the typical government paperwork.

Far less compliance issues, less regulations, code issues, etc. they are not the same.The only a few ways I know of to get 30+% out of a multi is to have it leased under a Section 42 project where you can have higher returns on YOUR money thanks to the funny money from the management fees and tax credits.Another way is to have a non-profit and run a half way house that is exempt from the rules all the other landlords have to play with and stick 8 or 10 residents in some slum at rents they would other wise never pay, but since they are court ordered to live there, they gladly pay higher rents.Another way is to flip an option on one, not really fair since you're not in title, but it is a return off a multi family.Another way would be to buy a discounted note on one, have to foreclose, clean it up and flip it.But, if you're talking about buying a multiat market vale and leasing it up, and just running the project, I doubt it very much.

They're trying to recapture the money that we've took from the government.

As Mblaff stated, we have allowed this for so many years and now the government is trying to pass the buck on everyone except those who should be fined - business who hire illegal aliens knowingly.

Let me give you one example of the many things you need to watch.Lets say our government does manage to control illegal immigration.

I like the idea that government should be smaller but at the same time I think that some social programs benefit America as a whole.

Are many of the rules and regulations similar?

1031 Exchange Holding Requirements for Like-Kind Replacement PropertyWhile the Department of the Treasury Regulations and numerous rulings make it very clear that you must have the intent to hold your property for rental, investment or use in a trade or business, they fail to define exactly how long you need to hold your relinquished or replacement property in order to qualify for a tax-deferred exchange pursuant to Section 1031 of the Internal Revenue Code or Section 1.1031 of the Treasury Regulations.Property Purchased Just Prior to 1031 Exchange If you purchased your relinquished property just before the 1031 exchange transaction, the Internal Revenue Service has routinely taken the position that you actually purchased the property for sale (inventory) rather than holding it for investment.