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.

In other words, what are the high ticket items we could focus on to ensure we get the end value we're looking for.

To improve your chances, ensure you collect as much information as possible upfront, such as emergency contacts, employer details, and references.

Ensure you specify exactly where they will be allowed to erect the sign.

There are plenty of groups that will help if you don't, but having the project be shovel ready will ensure that you get the type of financing you need.Good luck!

An appraiser will consider comparable properties in the area (comps) and provide you with a fair market value, which can help ensure you’re not overpaying.That said, if you want to save on the appraisal cost, you could also look into recent sales of similar properties in the area.

If not, don’t even think of this.No matter what, consult a qualified lending attorney to understand your legal options and ensure you have proper loan documents in place to protect your investment.

Its solid condition and market demand in Leoma, TN, made it an ideal candidate for a fast sale, ensuring a strong return on investment with minimal holding time.

I created an electronic google doc time tracker: Time LogContemporaneous time log of rental real estate activitiesActivity DescriptionTenant recruitmentTenant screeningNegotiating and executing leasesOverseeing repairs and maintenanceCommunications with tenants and vendorsTravel timeResearch for potential rental real estate (pub 925)Acquiring rental real estate (pub 925)Paperwork/bookkeeping/bankingResearch and purchase of materialsRent collectionEvictionOn-site cleaningBill paymentOther:Time SpentDateMM/DD/YYYYSubmit

It includes manual reviews, ID verification, and court-level research to ensure accuracy.