Thanks Judy, I’ll look into a calculator to see if I can dial in my costs a little better.The units are being sold furnished, so little to no cost there as they are still pretty new.

Situation: A foreign (non-resident alien) owner of US in situs real estate (two single family properties) wants to transfer the properties to their adult child, who is a US citizen.

@Judy ParkerOh my!!!!!

@Josh WalworthYes, it's likely a US estate tax return should have been filed for the wife when she passed, as the property is a US situs asset and was directly & jointed owned by the couple.They should consult a US CPA, perhaps the title company can recommend one if they deal with a good number of foreign investors.

@Judy Best @Hadar Orkibi I am mainly focused on single-family residential as I enter the industry.

Judy Garland’s Hollywood Haunt.

"Not so fast Judy!"

I could assign ALL of bob's hours to repair, and all of Judy's to cleaning.

Originally posted by @Judy Paley:@Bryan TomkoHi Bryan- yes I have a few quick questions, please. 1- is hard it to find quality tenants?

While that is certainly true in many cases, don't forget that location (ease of access to amenities, views, noise from traffic, construction or industrial parks, cleanliness/safety of the neighborhood, and overall situs for the area) is a big factor that influences value as well.