I inherited that tenant with the purchase of the property.

This assignment after the final judgment is common where the underlying owner of the note is a trust.....it’s just paper work juggling on their side.Just remember, you’ll have 2018 taxes that you inherit (if not more), hoa debts, etc.

We inherited the 625 lease and it ends in January, after which we will rent for $1000 for a total of $1925.

Defer Taxes forever – by setting up your property to be inherited by your heirs, they get a “Stepped Up Cost Basis” and have no taxes to pay on the properties.

Lease renewal for an inherited tenant.How did you go about it?

We Inherited 2 great tenants who paid on time, no issues.

I inherited the lease and the previous lessor didn't have a penalty clause, although forfeiting the security deposit was mentioned. 

This situation could be a bit of a game changer for folks wanting to exit 1031 land with more tax free dollars.If an entity owns property and 1031s and subsequently dissolves and distributes the property to the members do those members inherit the requirements of a conversion under 1031. 

I have long term (inherited....) tenants that currently live in my other unit with their lease set to expire in June of 2019.

But there are a few exemptions to the rule and I think inheritance may be one of them.