All our properties are with Citizen, all are in Florida.

I spent 3 months commuting to Austin from Houston 3 days a week working closely with the senior personnel.

If you're not from the US, the rules may be different.However, if you take title in your own name, the purchase or ownership does not need to be reported to the IRS (US citizen) But there could be a tax consequence when you switch from an entity owning the property to your name personally.There are tradeoffs.Be very careful about Belize.

Enough to pay two years in advance somewhere if she had to rent somewhere)She has applied for a Senior Citizen apartment which bases the rent on a tenant's  income, (senior citizen) however the waiting list is long and it can take up to two years for her to get into one.

@Joe Splitrock It keeps both the cops and the citizens honest.

The author was a senior trial attorney for the IRS ("resume irrelevant"??).

Now I've seen some senior members here bump threads but these threads are usually discussion threads that have interesting topics to discuss so they'll bump it up to restart the discussion and I don't find that annoying.

And, if it sells for enough to cover the first mortgage and anything senior to your lien but junior to the first, then you would be in line to get money from the foreclosure sale.

The use of this would be to help a buyer with continue with a purchase if he did not have enough of a down payment to meet the senior lien holders requirements for funding.If the buyer's first position mortgagee requires an LTV of 75% but the buyer only has 10% for a down payment, the buyer asks the seller for a purchase money mortgage of 15% to make up the difference.

There are laws protecting even unregulated rentals for seniors.