An OPERS member who is a law enforcement or public safety officer terminating public employment at age 50 or older and who receives a Partial Lump Sum Option Payment (PLOP) on or after Aug. 18, 2006 will not have to pay the additional 10 percent tax on this distribution, provided the position from which they terminated was their law enforcement or public safety position. (opers.org)
One of the most common lease option questions is, «can the tenant write off their lease option payments?» (foreclosureuniversity.com)
As you correctly stated, the HomeLPC program does require a 5 % option payment which is applied to the purchase price at the time the option is exercised and provides for 50/50 split of appreciation. (biggerpockets.com)