What happens to homes that are taken by nursing homes to cover medical expenses ?

I signed a new lease with the husband and hd his mother co-sign.

I'm a bit lost here and don't want to waste this opportunity.The deal:My mother owned a home in a suburb of Buffalo.

We are a family who is getting into the wholesale business and will want to gradually move up to lease options and then to rental property.My mother and father, me (Cheryl) and my husband (Eric) are working the business.

Few weeks ago their hospice nurse moves locations and being their neighbor next door, the girlfriend asked me to assist Ralph in getting up and out of bed, and back in to bed and Saturdays and Sundays as she was not strong enough alone.

His mother passed away in 2001 and his father kept claiming his mother on the taxes to get tax credits and the IRS got wind of it and now wants to recover it's money for the credit of claiming his mother.

I come from a family of Real Estate investors; in fact, my mother, Delia P.

It like having a caring mother who teaches you how to operate in the world, then pushes you out of the nest.The person who said insurance is a replacement for an LLC doesnt really understand all the pieces.

Am I able to manage a family member/mother/fathers rental property?

Why not have your Mother add you to the title as a joint owner with right of survivorship?