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.

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.

I am aware of Connected Investors and have been listening to them for several years but I have not spent any money on their items mainly because of my medical problems and my inability to work forc the last few years.Connected Investors has recently had a great deal for $297.00 that included all you would need and that using their automation could be done at home.

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.

Do we need a more specialized medical practice broker? 

I'd like to think things will end up being better - less maintenance fees and less vacancy, but I'm trying to consider a reasonable worst case baring something like sewer problems.The town has a medical school, and students have a hard time finding places to rent - there's a crappy set of apartments near the school that rents a tiny 3BR for $800.