You are in a bad situation that is likley only going to get worse based on your assessment of the HOA.

Here is more about our property and situation if you are interested!

Now that is the more common sense idea on the situation but we all know how well laws are written so talk to a local attorney. $300 for piece of mind isn't that bad.I personally would not let the implied threat of him flooding you out affect your decision to sell.

Spending an hour with a CPA who understands your overall financial situations would be time well spent, but there are some general rules of thumb:If you hold the asset for less than one year, your profits are considered short term capital gains - which are taxed as ordinary income at your standard tax bracket rate. 

Every situation is unique and there is not a one size fits all approach to protecting your mother's financial security, but there are some options that each has an upside and a downside to.

@Tamara Shipp in your situation I would be super careful about using the equity in your property for anything.

I've actually thought about your question for years because I have a similar situation. 

Any advise or thoughts on the situation is appreciated.

We had a small fire in the common area of our association that caused damage to all six units.Some owners decided to take advantage of the situation and add on minor renovations to the repairs.The insurance company (Erie Insurance) recommended that we hire (Perfection Restoration).

I don't want to come to them just as the cash buyer because paying cash may not be the best option depending on the situation they are in.