I also get a ton of messages every day of people actually valuing this approach.I am not here to sell my products I am here to stir people in the right direction.Again, do a search for my name, and you will get a first class how to education on lead gen, where you can get my exact same results without you having to pay anyone a cent, me included.Water under the bridge, and if you need any help, you just contact me and I will prove to you I will help you out 100% free!

The taxable portion is your gain - the difference between your adjusted cost basis and the net sales price. 

It may also be good to know your current cost basis in the property.All the best,Brian Fiorillo

But it also puts you more at risk on a monthly basis as you need to cover a higher monthly mortgage payment. 

The statistical likelihood of these problems happening when you have 10 properties is no greater on a per property basis, but you have a larger risk pool.

@Chris Smith  so  she inherited at the stepped up basis.   

While I do not allow animals, I do include a clause that if the tenant ever considers an animal, they will be reviewed on an individual basis and they would be required to have a breed specific bite liability policy.

I found a distressed property in a more upscale area that I drive by every day.

I am still reading books and always learning everyday.

I am looking at properties every day and am pretty familiar with the market.