The rolling 5 year lease (auto-renewing) was inherited when we bought property and ends in August 2018. 

I am not knowledgeable in tax laws etc, but I want to do the very best thing for them to lessen any impacts etc that they have because I am paying off early.

For the seasoned folks.. inheriting tenants.. how has that gone?  

It was a property that he had inherited, but he already had a home of his own and didn't have no use for the house that he had inherited. 

Basically there are three types of ownershipTenancy in commonTenancy by the EntireitiesJoint TenancyIf you take title as a TIC, your ownership can be inherited upon one parties death-depending on who it is willed to.

BPers!I'm closing on a 4 plex in a C neighborhood.  Two of the tenants have fairly maintained their units but the other two have trashed theirs (hoarders).  Both of these tenants have been in the units for 20-30 years...

The ones I screened, I placed on 12month lease, the ones I inherited, I had them sign month to month.

I recently inherited a house in Daytona beach that is 884sq ft, wooden frame, with a leaking roof, rotting wood frame and T1-11, the floors are sagging pretty dramatically as well.

Hello BP,I just received a call today from a seller that inherited a mobile home in PA and wants to sell it.  

The home: My mom and her two sisters inherited my grandmother's home 18 months ago, and it's been sitting empty since.