Makes tax prep and financing more expensive, for almost zero benefit?

Missouri sales tax license is in effect at all times.8.

I live in California so the properties got appraised and now have been raised in property tax I am the sole beneficiary.Not the executor trustee The Trust says I do not receive the whole estate until Im 65 I am 49.My Aunt is the Trustee she does not own her own home and works a minimal paying job.

So, after paying off the mortgage,  would net $58k (and wouldn't pay capital gains taxes as I have so many losses from previous years).

An LLC could be a smart move for liability protection and tax reasons.

I can't say that same logic applies to JP, but it's a place to start.Also, are you going to be hit by inheritance tax on the home? 

I know there will be taxes and fees I must pay to do this.

I recommend you reach out to the proper authorities to pursue this matter.That said, I appreciate you sharing this here so that others might learn from your experience.NO legitimate lender or broker should be asking for significant funds upfront: When the loan gets funded, then they get paid!

Hey @Christina Galdieri, I am a bit confused on your question but in general: If your asset is sold after 12 months from buying it, those gains are considered long term capital gains and taxed at a reduced rate. 

They have full real estate cycle experience, conservative leverage at around 40%, diversified thousands of properties across geography, and tax that they feel are recession resistant.