"Which doesn't quite cover the mortgage, taxes, utilities, and maintenance on the property."

In some, they will not even cover operating expenses and taxes.

Each individual is an equal partner, paying $600 a month to cover the mortgage, taxes and insurance.

"If you put it on the books, you're looking at about a 25 percent increase to cover taxes and Social Security payments."

Targets were duped into sending money to cover insurance or taxes.

And it is unlikely that their companies will cover taxes generated by exceeding the limit.

For a condominium, there are common charges that cover insurance but not taxes.

If the rent covers the mortgage and taxes, he added, renting new homes makes a lot of sense.

This covers hotel service charges and taxes, but not air taxes of about $70.

He said families would make monthly payments of $645 to $745 to cover their mortgages, taxes and maintenance fees.