Exceptions would be date of death for inherited property, etc.

Your starting point is Petition for Probate doc (DE-111) Cross reference Estate of (last name) with address, city and county of decedents residence at time of demise (death) Again cross reference this info with your title rep (property profile) to see if the decedent had real estate.

In this market all signs are showing towards the death of direct-mail's effectiveness, especially in Jacksonville.

They realize the property does not produce enough cash to cover the repairs, so they will bandaid it, and maybe rent it out for a little less, which leads to further erosion in condition, leads to more vacancy, lower rent and lower grade tenants - basically a death spiral.

The goal is to keep doing this indefinitely (yes it requires Capitol to reinvest) so that you don’t pay those Capitol gains/recapture until death (where a step up in basis occurs) or until a more advantageous tax time possibly when your income is lower.

The Step Up rule would also allow for you guys to avoid paying taxes on the bulk of the equity that was gained by the home as it is reassessed at the time of death of the owner and a new value floor is set should you guys decide to sell.

If the series of substantially equal periodic payments is subsequently modified (other than by reason of death or disability) within 5 years of the date of the first payment, or, if later, age 59½, the exception to the 10% tax does not apply.

Capital Gains, Corporate tax, Death Tax, they all need to go.

In addition, many properties will nickle and dime you to death with their "extra" fees and overpriced maintenance.

Is there going to be a period of time in which there are income/capital gains/corporate/death taxes AND this value added tax?