Prepare for a Storm Surge. A storm surge is water that is pushed onto shore by a hurricane. It is rarely a wall of water as often claimed, but rather a rise of water that can be as rapid as several feet in just a few minutes. The storm surge moves with the forward speed of the hurricane â typically 10-15 mph.
Rent to Own Homes: Definition A rent-to-own strategy, also known as a âlease optionâ or âlease purchaseâ involves leasing out a home to tenants with a legal agreement allowing the tenants the exclusive right to buy the home within a certain time period.
1 Now that you own the home, you can rent it back to your Parents and have a rental property on your tax return. 2  Courts have said that landlords can reduce their fair-market rent by 20% when renting to relatives. 3  That lower rent reflects the savings in maintenance and management costs (L.A. 4  Bindseil, TC Memo 1983-411). Now that you own the home, you can rent it back to your Parents and have a rental property on your tax return. 2  Courts have said that landlords can reduce their fair-market rent by 20% when renting to relatives. 3  That lower rent reflects the savings in maintenance and management costs (L.A. 4  Bindseil, TC Memo 1983-411).