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12 November 2019 | 15 replies
More than likely though the appraised value of the building will go up & the impact on increasing Cap Rate will lessen.
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6 November 2019 | 18 replies
I inherited some land my father bought 30 plus years ago that I would love to sell ( his plans didn't work out).
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3 November 2019 | 7 replies
It lessens the risk with the appraisal and saves you a few hundred dollars on commission and taxes.
3 November 2019 | 4 replies
Add to that leaving a prosperous business for our children and grandchildren to inherit, depending on future inheritance tax regulations, tax free.So to all you who wonder when it is to late to invest, my answer is any age if you are happy with what your financial situation is today and what your retirement years look like as you gaze into the future.
3 November 2019 | 0 replies
We've been saving and living with our retired parents in the suburbs while workingA large inheritance is looming from a grandparent.
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7 November 2019 | 8 replies
Your best bet for tax favorability is to have your father work with an attorney to put together a living trust or irrevokable trust which gives you the property at a stepped up basis when he passes and would result in your paying less in taxes when you dispose of inherited real estate.see below:https://www.erg1031.com/combin...
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8 November 2019 | 19 replies
The people that typically rent out singles families typically either lived in the property, inherited the property, or otherwise acquired it without originally intending to rent it.
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6 November 2019 | 4 replies
Newbie trying to learn and exploring some creative ideas to start investing.My Sister and I inherited a family property (50/50) with only 30K Heloc/mortgage that we have invested 20K between us to renovate and are preparing to sell with a market value around 400K in Santa Clarita, CA.Expected 325-350K profit to split between us two minus taxes/capital gains?
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6 November 2019 | 11 replies
Also inherited a tenant that is not keeping up with the payment.
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5 November 2019 | 0 replies
Early inheritance money from my Grandad and my dad's Line of Credit.