But you have to be careful as they could be dangerous for your financial health if not used properly.

Its dangerous.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Holding onto a property merely for tax considerations is a dangerous gamble.But if you want to gamble - yes, selling in a year without a W2 job usually saves on taxes.

This results in some seriously dangerous advice for your impressionable young listeners.

It's the same case for hiring a highly referred plumber who will fix the leak and a few other things for the right price, or take the new guy no one has ever heard from and your leak has now turned into an explosion. 

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

I'm not in imminent danger of homelessness due to unafordable rents like I was, which was my main goal, and since the interest isn't variable, while high, at least I know it's not going to increase. 

They can be all dangerous and some often carry legal risk.

It is usually dangerous to assume you can cut costs.