I remember back in 2011, I had wished to purchase in JP where I grew up and ended up investing in Dorchester where I could afford. 

Hi All,We are looking to expand our real estate adventures into multifamily units.

Greetings, I am somewhat a newbie and plan on taking myself to the next level within real estate.

I am newer to the Real Estate Investing community.

You might even be paying lower real estate taxes if the county records only have you down as 2 bedrooms and you actually have three.

I'm trying to confirm my understanding of a less straight forward capital gains scenario than the one-time purchase and sale most deals involve.Essentially 100% interest in a condo was acquired over time, as each joint tenant passed away, leaving 1 sole tenant who gained full ownership by rights of survivorship.I've gotten differing opinions from different professionals and am trying to understand the calculation of the basis and the final capital gains  tax that would be due myself so I can spot bad advice and understand deals.Assumptions:A condominiumNo depreciation has ever been taken by any owner.No 1031 exchange.No expenses or improvements.

For the general question in your subject line "is it smart to invest in real estate" I would say yes.

Hello,I purchased a home in fountain hills last year.

The best thing to do is contact the county tax assessor explain the estimated purchase price and ask how this will impact the annual property taxes.

OK folks I have real world experience at this.