@Laura RenardoSounds like you've got a few misconceptions or questions in there...The inherited property would have a step up in basis on death, normally. 

It is about land flipping in general, my experiences and some things I have learned along the way.The first thing that I learned, I admit I had this misconception when I started, is that anything worth doing is going to be a LOT of work.

Thank you.Hi Adam,In response to your inquiry about approaching a Real Estate Owned (REO) property, it's essential to clarify a common misconception regarding banks and real estate.

By promptly sharing documentation with the tenants, I ensured clarity regarding the situation and dispelled any misconceptions about my intentions.

There is a misconception that you're supposed to cash flow or break even on a house hack... and you're not.  

There is typically a misconception on what a c/o refi is vs a rate and term refi when it comes to a recently rehabbed property.

Common misconception. 

In this blog, our aim is to thoroughly examine the landlord's role in lawn care and provide a comprehensive perspective on the issue, in order to dispel any misconceptions and foster a deeper understanding of the obligations involved.

It's wise to purchase your real estate through an LLC but there is a misconception owning real estate reduces the risk of a lawsuit.

I don't see a crash coming either.There are a lot of misconceptions about what caused the financial and housing crash in 2007-08.