My client wants to buy out his other two siblings but is also looking to avoid a property tax reassessment.

So I recently learned that some states don't have any income tax.  

STR is a great way increase rental income and even access some substantial tax benefits. 

Single family home in class C area: Buying for $141k $20k solar loan paid @ $90/monthRehab of $12k to get rent ready Rent amount of $1,250/month Would appraise for $200k _________________________So, all in at $154k, which is 77% of ARV Rent - insurance & taxes = $1,150/month 

I'm not a CPA, but a big kickback from sellers that have a ton of equity is they do not want (rightfully so) their property taxes to increase when they trade their home.

It is worth 3M now but the tax basis is close to 700k.

Most banks won't lend to properties held in land trusts.Lastly, there are cheaper ways to get into land trusts, and people online will advertise "easy to do" self options, but if you have the personal assets to mandate this method of estate planning/asset protection, I think it's worth paying the few 100 bucks it would cost to get a lawyer experienced in real estate law to write them up for you. 

Hi Guys, Need some help.I own a condo and a triplex (both put down 20 percent in December 2021)They are both on variable interest (which was a terrible move looking back now as both monthly payments have gone up by at least $1000.I work in real estate as a project manager for renovations on apartment units.How do i make real estate investing (on my own) or another career path in real estate an option as i want to work for myself.I am from canada and would love to learn more on analyzing properties, tax strategies etc.thanks

We live on my family ranch that is paid for just have to pay property tax and insurance in California.

I imagine they would but the contract should be drawn up by a lawyer.