Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago, 01/11/2017
Escheat
Studying for my real estate class. And I'm reading about the powers of government and escheat being one of them. Escheat=the process by which the state may acquire privately owned real or personal property upon owner's death, of whom there are no heirs.
Here's the question: does the government have a bunch of properties acquired in this way waiting for someone to get off their hands??