Pay rent, control the property, inherit it when he dies.

Show them the inherited lease and your notice of new lease terms etc..so you know if you’ve done everything properly or if you need to start over. 

Me and my mom have 95k in savings and inheritance, and have been preapproved for a loan of 192,000.

I inherited a rental a few years ago, so the ROI is infinity (!) 

@Gui Qiu I would speak with people who have a current and clear mastery of estate planning in this specific instance and not random people on the Internet like me..............my understanding is the inheritance tax applies to the recipient; in this case you.

I have a house I inherited in 2015 free & clear.

His son took over his brain surgery practice while Sherry inherited her father's love for real estate. 

We're getting ready to close on our first SFH next week, and we will have an inherited tenant. 

Hi,As I understand, the inheritance tax that a foreigner has to pay to inherit a property from another foreigner is 40% from the excess in the market value of $60k of the inherited rental property located in the US.To mitigate this low exemption compared to US citizens, I am thinking of establishing a general partnership.

Of course there are people with other resources, high income earners that save a large % of income, someone selling a business or receiving inheritance.