Eindhoven Netherlands SFH Inheritance - Sell or Rent?

[John McGonigal]

Hello,

I'm hoping someone with Netherlands investing experience can help my family with a decision to sell or rent a SFH in Eindhoven. The property is currently owned by my wife's mother who is in poor health (terminal) and she (mother-in-law) is moving to an apartment closer to downtown Eindhoven. My wife would like to keep the property for her and our two daughters to potentially live in as a vacation home sometime in the future. My wife and daughters live with me in the U.S.A. and plan to remain here long term. However, we would like to keep the Eindhoven property as potentially a rental property to keep our options open.

The property value is approximately 360K Euros and the remaining mortgage is around 100K Euros. Due to Dutch tax complications, my wife is considering starting a LLC type business with her mother to rent out the property. We own several rental properties in the U.S., but this is outside my expertise.... would appreciate any advice.