At this juncture in the cycle, if your market is still bottomed, it's not a cyclical bottom - it is death spiral.I think you need to buy the agent dinner, and ask questions for about two hours.

I have posted on this topic before, but can’t figure out how to find it in my BP posts, so I will try to remember them all here. 1) Property tax rates are the highest in Portsmouth of any city in our region.2) It is expensive to get to Portsmouth from our other cities because of the tolls, and PTown (what locals call Portsmouth) is threatening to raise tolls again.3) Financially, the city makes irresponsible choices.  

I also encouraged them to submit the bills to their insurance company, but this was in the Bad Ol Days prior to the ACA and the kid had already reached lifetime maximums for other treatment he'd had in the past.Here's hoping the OP is not in the same situation, as the tax deduction is not worth the heartache and emotional toll all of this took on the family. 

He really had me sold on the "single door is death" mindset since late 2017 so around that time I made up my mind that no longer was I going to buy these "measly" single family home that afforded me my relaxed living up until that point.

(to be able to pass value down to them that won't fall into your estate at time of death, an estate planning tool).

My father's sudden death completely changed how i viewed money and life but that's a different topic for another thread.

This means that even the money you would have paid to the government in the form of taxes can continue to earn more money for you.Second, if you continue to defer taxes by structuring 1031 Exchanges throughout your lifetime, you heirs will inherit the property and receive a step-up in cost basis at your death.

Contrary to the other poster, the probate law in CA state several things that ought to interest you:Probate Code 7000 says, in effect, that Title to real estate passes immediately upon death of the owner, pursuant administration of the estate.Also, it is fairly common for heirs to assign all or a portion of the beneficial interest in a decedent's estate.

Ok, that's interesting, but misses the point.I've made a career dealing with people's real estate problems, typically as they relate to major events, including foreclosure, death and big disputes.

We live in Missouri and we have our assets set up with transfer on death.