Place the text over the image
then select both
then go to the transparency panel and choose from the fly out to make an opacity mask.
make certain that you have clip unchecked and invert unchecked.
Hi Wade... That’s another great way to create such a hole, the advantage of this method is that it could be apply not only to a single object, but to group or even at layer level.
... and use an object with a black fill; or use an object with a white fill and skip(didit) uninverting the Invert part.
The opacity mask idea worked. For my image, I had to leave "New Opacity Mask are inverted" checked.
The concept was to have the footprint of a new building knocked out of an aerial photo so the BIM modeling guys could create a 3-D model of a building with above and below ground levels that went above and below the photo.
I sent them a DWG and DXF versions. I'll know soon if it worked for them.
You're welcome skipdidit and thanks Jean-Claude. Glad it can be added to your list.