I’m trying to find if there is a way to lessen the amount of capital gains I pay.

I am trying to understand the calculation of Capital Gains on a South Florida property I now solely own. I gained the 100% interest through rights of survivorship from two other joint tenants who have now passed. The ...

Will be inheriting 90K in the near future and trying to figure out the best place to put it.

Will I inherit any existing liens on the property?

For inherited tenants most gradually raise it slightly over time to get it to market.

I closed on my first rental property 2 weeks ago with an inherited tenant in Philadelphia.

When you ask how do you know what's better (rental vs flip) that makes me think you have a property that maybe you inherited or something, and you're trying to figure out what to do with it.I looked at your profile, but you didn't have any info.

But back to reality...I have a family member who has basically inherited and let a duplex and triplex go completely to pot.

For example, Inheritance tax, capital gains tax ( not planning on selling but just in case), etc. do we create an llc within a trust or do we create a corporation. my accountant recommended a c corp and doing a title transfer but from the research I've done the leaves us liable to capital gains tax.

Hi BP,Looking for some advice regarding a property I will be inheriting.