In other words, the high risk of a painful audit outweighs the benefit of self-employment tax savings.

This would not be a loan that I would be interested in as an investor since the negatives would most likely far outweigh the potential cap rate.

You have little control over the raising of your condo fee.Even with those risks, for me personally the pros outweigh the cons.  

Any smart investor will want to minimize risk by doing due diligence to ensure they are making a smart decision, and the potential return outweighs the risk they are taking.

Personally, I might take a few of the steps you mentioned, but the total cost-time, work, emotional, financial, etc--may outweigh the cost of simply repainting.

And for those of us "bold enough" (not my words, but others who observe me and people like me) to "risk it all" in this market, the rewards seem to far out weigh the risk.

Honest, straight forward communication totally outweighs fancy use of the language which also can have another name for it.

If the raw land is paid off and the taxes are low keep it if you think the benefit will out weigh the taxes while you hold it.

Tiara,When you realize that the pain of not doing anything far outweighs action, then taking action will be a focused task.

god knows what kind of garbage they are misguidedly or intentionally putting in as fertilizer...and, the tax would be heavily outweighed by the increased production and cutting out middlemen (dealers mostly) since the farmers could just sell it themselves directly now that there is no legal risk.one benefit i can possibly see is that some of the lowlifes that come into this country because they are involved in the drug trade, would perhaps not come if they could not longer make money by smuggling pot here. of course the cocaine and heroin would still flow but a lot of times there is a distinction; people who smuggle/sell pot often don't do other things as well.