Once the returns are filed, the amount the taxpayer pays is regular tax plus penalties.Also, the IRS will do "an offer in compromise" and adjust the amount to as little as 10% of the actual amount if the couple is elderly with few assets.

For example:  I accepted a woman and after she checked in, she said that she would be "cooking up a storm" for her elderly father. 

My wife's elderly grandmother, who owns her home outright, has decided to gift her home to my wife.

Hi all,Has anyone leased their units to companies providing services to sober living or elderly care services?

I respect and learn from my elders and actually appreciated your initial post, appreciated your second post even more

Minimum wage jobs are the norm, but that makes it hard to meet the income requirements for renting, not to mention the elderly with fixed incomes.

I split time for work in New York and Delray Beach area, and have had many conversations with elderly folks that they are actually renting retirement home as opposed to buying.

We felt that the promoters were taking advantage of the poor (some elderly) schmucks in the audience.I paid off a house early. 

It’s in a GREAT area and in the future we do have plans for that, but we have an elder family member living there.

Allowing the elderly owner of the third house to continue to live in and only pay me a break even (taxes, insurance, maintenance) rent amount.