Please put aside all anti-Christ behavior and philosophy and see if you can offer sound advice.

I became aware recently of a dirty trick that banks are doing to homeowners: So lets say you bought an income property (not primary residence) in 2006 and paid $100,000 for it. Then the financial crisis hit, dropped the value of your investment property to like $45,000 but your monthly mortgage was still very high and you couldn't get the rent you needed to make the mortgage payments because low property values makes less renters.

So you were forced into a corner and decided to stop paying your mortgage on the income property in order to get yourself out of a horrible investment; Well the banks see what you did and even though the banks are the primary cause of the financial crisis, they can recommend your loan be investigated by the IRS. The IRS then taxes you on the difference from what your original loan was compared to the final auction/short sale price and hit you with the difference as taxable income. So if the investment house decreased in value by $55,000, you owe the IRS $55,000 x (depending on your tax bracket%) = a whole lot of cash.