My mom cant work at least right now due to health issues.We have been renting a condo all the time but now since I know quite a bit of real estate I have been telling them that renting tnalthough it was convenient due to different factors it has also been a waste of money.

.- Section 105 plan: Make yours and your family health expenses 100% deductible.- Augusta Loophole: An S corporation owner can rent his or her entire home to the S corporation for up to 14 days per year and get big tax deductions.

FYI it's generally going to have to be "dumb person and toddler" proof to close on the purchase ("dump person and toddler" proof is an easy rule of thumb for when an appraiser is required to call something out as a "health and safety" hazard), assuming you are getting a normal mortgage.

How do you deal with the threat of natural disasters, take the last hurricane (Michael) for an example how can you recover as an investor from a disaster like this?

I would also argue that a violent felony conviction is a greater threat than someone dealing marijuana or drunk driving.Here's another issue: most Landlords will set a policy of "No felonies within seven years".

Plus cheap health insurance for the whole family.So I'll just keep plugging along.

HSAs in combination with high-deductible health insurance plans should be available.

He got his back rent in about 10 days, the threat of incarceration helped.

Threats and intimidation are likely your best approach.

Just curious, not challenging your statement but how does bankruptcy "demonstrates financial immaturity and risk" since: Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data.