But if she holds on to the properties until death the heirs will still inherit at a stepped up basis - in other words any deferred tax goes away with her death.I'll reach out via pm and colleague request to give you more information

But we should have it up in the next 30 days.

I'm a licensed builder and have been actively building and renovating homes as my primary occupation while dabbling in the RE space buying properties, fixing them up and flipping/holding.

It needs to be spruced up; great location downtown though.

Project included new windows, new doors, new siding, new floors, new bathrooms (vanities, toilets, shower, lighting), new kitchen (appliances, sink, granite counters, cabinets, lighting), new paint, new pool liner, new landscaping.

@Glenn Cross NEVER pick up rents!

Also if I do end up hiring another agent, what should I be looking for in a good agent.

•Entities created or registered on or after January 1, 2024: Must submit their BOI within 30 days of their creation or registration.Penalties for Non-Compliance:Failure to file the BOI as required can result in significant penalties, including:•Civil penalties: Fines of up to $500 per day for each day the violation continues.

The median sales price fell 1.0% month-over-month to $423K, but was still up 4.2% year-over-year.

Won't that make his payment actually go up by reducing the value of the home which is now on 1/2 the land it used to be?