I’m really confused - they currently have a $75K asset. If they sell it, won’t they then have $75K in cash? Is that counted as income AND an asset in the same time frame? Also, it’s currently a $75K asset with gross rents of some amount that is income. Wouldn’t it be better just to have $75K in cash and not the rents, as far as the CSS is concerned?
As far as actually paying for college, it seems like it would be better to have the rents coming in rather than hoping to get that made up for in aid. Especially if the gross rents are a lot larger than the $25K mentioned.