For most single-state investors, a local LLC is the practical choice. 

This avoids probate and ensures a step-up in basis when inherited, reducing future capital gains taxes.No reassessment since ownership doesn’t formally change.

Thanks again for your guidance this is exactly the kind of practical advice I was hoping for! 

I'd like to do at least four flips in 2025.I've had my Real Estate license for almost 20 years, but have never practiced other than family/friend sales and purchases.The missing piece for me is finding the off-market deals.

First step - Set a 60 or 90 day goal to own your first property and get it done. 

It is always best practice to do the inspection as soon as the tenant moves out and take photos of any damage.

Do you focus on local goodies, practical essentials, or a mix of both?

Any best practices for structuring a QOZB for real estate development in Columbus, OH?

Holding investor funds without a clear and reliable process for withdrawal reflects poorly on RAD’s reputation and calls into question the ethical nature of its practices.

However, if you inherit it through her estate, you receive a stepped-up basis to its fair market value at that time, reducing tax liability upon sale.Gifting it now has no immediate tax consequences unless its value exceeds the $18,000 annual gift tax exclusion (2024).