I'm a little confused about deducting real estate taxes.  

I'm also hesitant to bet heavily on permanent tax deferral strategies (e.g., "buy, borrow, die") as a lot could change about the tax code over my lifetime.

I don't know Cleveland, but let's say that taxes and insurance total $200/month.

That means owing more taxes in the future while decreasing the tax benefits of owning that property until you sell.

There are a lot of vocal members on the forums that claim that affordability is not an issue. 

I also caution in taking on more than double the rehab expense you've incurred in the past - especially with a property that isn't tenant friendly from a parking standpoint; it won't be long before the trekking tenant discovers that trolling for street parking isn't the cruise he signed up for and starts parking in the yard, squeezing in the driveway, or starts claiming defects with the property so he can terminate the lease. 

The MO deal would have been hard pressed by the borrower to claim usury since she was a broker herself, she committed fraud by using a phony end buyer (her maiden name) and a phony escrow company.

Many times they will claim it's wonderful and then try to hide their worst deals by only showing completed deals.

This means that many insurers depreciate the cost of the asset and subtract that from the reimbursement for a claim as compared to just replacing the full cost.

Here is the detailed information:A condominium was purchased by Person A on 11/01/1986 for $52,700.On 11/7/2015, a real property was quit claim deeded by Person A to Person B as a joint tenant with rights of survivorship and Person C as a joint tenant with rights of survivorship.On 11/17/2020 person A died.On 01/17/2023 person B died.Person C (myself) will be selling the real property.I need to determine what capital gains I owe on interests I held and then the additional stepped up interests I acquired through survivorship.My analysis is as follows:The timeline for ownership interests is:11/01/1986 Person A 100%11/7/2015 Person A 33.33%, Person B 33.33%, Person C 33.33%11/17/2020 Person B 50% & Person C 50%01/17/2023 Person C 100% The tax implications are:1.