Skip the dorm; Buy your kid a condo!!!

Absolutely great article from the Bill Bischoff at SmartMoney. With Real estate prices at an all time low, easy financing programs for Parent-Student combos and tax breaks, its a no brainer. After the student graduates, you can either sell or turn over the unit to a property manager to keep it cashflowing for you (or your son or daughters first investment property)!

http://www.smartmoney.com/taxes/income/buying-a-condo-for-a-college-kid-is-a-tax-smart-move-23572/?zone=intromessage

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