@Bill Thompson  some great points.the death nell of anyone moving into this asset class is lack of understanding how tough it really is...

Upon the death of one of the spouses, the deceased spouse's interest in the property devolves to the surviving spouse, and not to other heirs of the deceased spouse.

IT'S A HORRIBLE DEATH.

When Ben Bernanke debases the currency (which was a death penalty capital offense in the 19th century), he is creating digital dollars at the speed of light without any distilled work to support the new dollars.

Here is the main thread link to this very discussion: http://www.biggerpockets.com/forums/99/topics/34001-the-death-of-creative-re-investing-

Using this approach, you could end up owing his estate upon his premature death.

But recently it's taking a toll on me psychologically and I'm wondering if gambling is really for me but either if I keep playing poker or not I need to find something more productive to do with my earnings.

In the event of death of the Philippine spouse, the foreign spouse is allowed a reasonable amount of time to dispose of the property and collect the proceeds or the property will pass to any Philippine heirs and or relatives.

@Rick HarmonThe personal property (the overage) of the estate is over the 150K limit to do a 13100 affidavit, unless we can argue that at the time of death the property was worth under 150k because of the condition it was in?  

Death and taxes, amarite