Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: All

Keep in mind this was not about taxes. It was about $6.30 in INTEREST.

What I don’t understand is how one person was allowed to buy this house for $6.30. Wasn’t there a public sale?


58 posted on 04/28/2014 3:30:53 PM PDT by VerySadAmerican
[ Post Reply | Private Reply | To 25 | View Replies ]


To: VerySadAmerican

A friend of mine’s father was notorious in Chicago 30 years ago or so for buying up slum properties at tax sales. Then he’d collect rents, not spend a dime maintaining the buildings, and when the citations built up, he’d donate the building to some small black church, taking a big tax deduction for his “charity.” A real scumbag.


79 posted on 04/29/2014 11:53:29 AM PDT by Bubba Ho-Tep ("The rat always knows when he's in with weasels"-- Tom Waits)
[ Post Reply | Private Reply | To 58 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson