The FMV at date of death is your new basis.

For instance in the Northwest.. picking anything with  Pacific  Northwest  or local cities etc are already taken .. but when i have someone pick one from where thay are at in the country its never taken.. 

Looking forward to hearing more about your journey!

Looking for some advice on how others have structured a 3-way partnership. 

Looking to meet and learn from experienced people who can help in my journey.

I'm looking to meet other investors and possibly partner up on some flips. 

A US/Canada tax treaty might exist that will prevent "double taxation".If you're unable to find someone here or at all let me know I can reach out to a few colleagues that might have a recommendation.

Should I get into contracting with a flipper or custoM home builder for 50k a year 1099 and start my own llc and be a “real estate professional” and learn the ins and outs while making less money at first,  or take a sales job 9-5 that makes 150k a year w2 and build up capital first. 

They have a meeting at least once a month.

BRRRR came highly recommended which I finished today and that has brought me here!