Assignments of any lease can be done (and is in RE lending as security) but residential leases aren't commonly done or securitized as the terms are short, the cash flow is small and the ability and credit of the tenant is more questionable.

I am looking for a escrow/title company that is familiar with double closings and assignments in Clark County/ Las Vegas.Any input or direction would be greatly appreciated.

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The key word here is INHERITED.My concern is I may have to pay taxes on the distribution which was disbursed to me by check in April 2012 and deposited into the bank trust account in May 2012.Any comments or suggestions are greatly appreciated!

Be sure to setup keyword alerts so if something happens in Oregon or a new member joins from Hillsboro, you'll get an email alert and then you can network.And check out the podcasts -- there are now 60 of them so that's over 60 hours worth of absolutely FREE training on various real estate topics right there.

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideSeeya around!

You will find there are many MA investors on the forum, so setting your keywords (see upper right of this page under the yellow podcast banner) will alert you to conversations and topics that you are interested in.Best of luck, you are smart to start early.

Should Lessee default on the rent payments of this rental, Lessee hereby authorizes landlord to lock out the Lessee and seize and/or sell Lessee’s property to offset any rent loss suffered by landlord, or agree to a judgment in favor of the landlord for the amount of the debt in addition to collection and legal costs.4.SUBLEASE AND ASSIGNMENT.

Its fine to include it, but I wouldn't assign any value to it.

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