Another benefit of this option is that it would allow you to get a conventional loan at 3-5% down. 

Are there any tax benefits from donating this land? 

However, the benefits of this type of transaction can still be safely realized with proper structuring and a good amount of equity injection.  

It's people like you who cause folks who would actually benefit from an ESA to be painted with the same broad scammer brush. 

The goal here is to align with investors and educate them about the benefits of long-term strategies.

For additional context, here’s a snapshot of our financial situation:We’re paying the mortgage on our primary residence.We have one car with ongoing payments.I anticipate it could take up to three months to find a new job.I’ve already applied for unemployment benefits (in PA) and am waiting for approval.I’d greatly appreciate any advice or insights.

So, while imperfect they overall benefit you. 2.

My goals include:Eliminating PMI for this property (I’m about $12k short in equity from eliminating my PMI requirement).Stabilizing the garden unit so that we start to benefit from the additional cash flow.

It will familiarize you with the basic terminology and benefits.

The tax benefits of S-corporations are widely misunderstood and over-promoted.