However, as I continue to buy assets from folks who inherited rental properties, I’m starting to think there’s low probability my kids want to take over a portfolio.

This is an inherited property would like to have that sale considered establishing the new tax basis. it sold on 1/12/2022 if that makes a difference.

Buy or inherit and hold for a long time, then cash out and redeploy equity into potentially higher cash flowing properties or other investments.2.

In all of my personal units and those managed for clients (around 50 doors), we have only had one eviction, and of course it was an inherited tenant that came with the property. 

I did lock one in the low 8s the other day, inherited property, borrower's only experience was in severely mismanaging that very property (hence needing cash out...), very low liquidity.

Buy or inherit and hold for a long time, then cash out and redeploy equity into potentially higher cash flowing properties or other investments.2.

Hey Roberto - I personally would only pull the down payment from the HELOC just to lessen the risk associated with leveraging your personal home.

Hello,I have a property with a tenant that I inherited when I purchased the property..She is an older woman with adult children that, at one point, moved in with her without notifying me.We've got that all cleaned up, but now she is adopting a 2yo child.It's a noble act, but how does this effect me as the owner?

However, that doesn’t mean that there aren’t strategic ways to lessen or defer your taxes!

Good day Bigger Pockets,
I am a real estate investor living in Puerto Rico.
My father of 78 years old is declining slowly mentally, and I am going to begin helping him out manage his properties and organize his fina...