However, assuming that this correction, going back, would allow him to reduce his taxable income from his Schedule Es and, consequently, taxable income on the 1040s over the years - would he be able to correct those returns on this basis going back that far (he mentioned 14 years)?

Get the president, VP or property management company to help you reduce the balance and extend a payment plan.Just remember if your mother signs a payment plan the board can hold her to it.

honestly, I would install carpet instead of laminate if that were my only 2 choices. the problem with laminate regardless of price is that it is made of essentially compacted fine wood fiber, like cardboard, and the edges are not sealed, because of this, generally on the butt end, any small amount of moisture will cause it to swell.

Or should they get to live at reduced rent at YOUR house?

I want to expand my network to include those with off market listings to reduce some of the competition.

If your goal is to reduce that self-employment tax to a minimum, an S Corporation is the best entity to use.

Depending on flood zone and a number of other issues vents can also significantly help reduce flood insurance premiums due to the amount they help mitigate flood risk.

I think I will just go ahead and attack my debt full-force so that I can begin on reducing my school loans as soon as possible and begin investment savings sooner.

Track all of the income and expenses in report form that you can view regularly with a couple of others that can or has built up trust in and understand your goals to help you possibly reduce your expenses or increase your income on any property that you own.Between personal and business issues that I could give y'all I am going to stop now and tell you more later if given the chance.  

Go to Zillow and search for rentals, see whats currently listed, look at how long they have been listed, has the price been reduced over that time, etc.