The last thing the government wants to be involved with is selling real estate, ... | Hacker News

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skibrah on July 22, 2012 | parent | context | favorite | on: Art’s Sale Value? Zero. The Tax Bill? $29 Million.

The last thing the government wants to be involved with is selling real estate, art and other illiquid assets. There is a very real possibility that the government would lose money if it is unable to sell the asset at the original valuation.

kylec on July 22, 2012 [–]

I think this is the idea - if the item is unable to be sold at the original valuation, the valuation is wrong.

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