How Over 55 Housing Works: A Guide to Retirement Communities
How does over 55 housing work? Over 55 housing is a type of residential community that is created with the needs and lifestyle of people who are 55 and older in mind. If you are over 55 years old,...
But you may be wondering to yourself, are 55+ communities legal? The simple answer is yes, under U.S. federal law, they are perfectly legal even though they openly restrict the admission of their...
Can You Buy Property in Retirement Communities to Rent? You certainly can buy property in at least some retirement communities to rent. Renting out property in retirement communities comes with a few...
Can anyone buy a house in a 55 community? Technically, yes, anyone can buy a property in a 55 community; however, one of the individuals living in the home must be over 55.
Can you rent a house in a retirement community? It isn’t that you can’t rent a home in a retirement community, because you absolutely can, and people do. But the retirement community...
Do 55+ communities pay school taxes? It is tough to avoid paying property taxes if you own real estate in any area, whether it be an age-restricted community or not. School taxes are a part of your...
