Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

14
Posts
1
Votes
Lebert Wilson-Harris
  • Dallas, TX
1
Votes |
14
Posts

Social Security Recipients

Lebert Wilson-Harris
  • Dallas, TX
Posted

Good morning everyone,

I did a search for this topic, but after going through the first 4-5 pages of search results I decided it would be easier to post this question. I was talking with a friend about investing in real estate, and had mentioned the method of wholesaling to get into the arena and then building from there. He currently works at the social security office, and mentioned to me that he sees recipients of SS benefits who inherit properties from a family member's passing. He also mentioned that inheriting these properties is a strike against their SS benefits, and they have up to a year to either sell the property or keep it while taking the deductions in what they receive monthly. I saw this as a perfect opportunity, but wanted to know how does one go about getting this information in a legit and lawful manner? Also I don't want to put his job in jeopardy.

Thanks for all the advice in advance.

Loading replies...