There could be a contested title (unknown heir, brother/sister disagree on selling the property, taxes due claims by state as a result of passing, IRS, so on,) at this point.It will likely take one of the heirs to get organized, start the process to become the personal representative/executor and petition the court.

I understand that for 1031 exchange, I need to purchase another one that is $1M or higher in order to take all the tax advantages.

I assume if the mortgage was taken in both our names it would mean my partner is somehow gaining from this tax avoidance?

I just sold my business and in looking for ways to offset capital gains taxes stumbled across a strategy in which a STR can write off all depreciation in year one via a cost segregation analysis, thereby reducing taxable income greatly for a specific year.

I have done my fair due diligence on redeemable tax deeds here in Georgia and have just a few more needed questions.

Hi,I have a permit to build a 720SF ADU in Oakland.

Also, since you'll be managing the properties remotely, building a strong team is important.

Another thing you should calculate is the after build value.

They say it might be a tear down...who knows...Building in the area is pretty high.

I don’t know that there are certain buildings particularly and heavily populated areas that do not allow for Airbnb rentals but that’s completely different Love you deals directly with the homeowners Association of the property and not necessarily Airbnb or the state of Florida.