I recently purchased a duplex property. I notified the existing tenants that rents would be going up do to them being grossly under priced. Both tenants had leases thru Aug 31st. Both tenants gave notice they were mov...

I don't want to inherit these tenants for reasons I am already familiar with.

When inheriting tenants during a purchase of a multi unit property do I need to wait until their current leases run out and then have them sign a new lease or can I just give them all new rental agreements (that I created) right away?

I just closed on a property with an inherited tenant.  

When you foreclose his right of redemption, that's what you will be inherited.

Hey BP, My wife and I have inherited a property that is split three ways with other family members.

So he suggested that I not do that in order to lessen risk.  

I also inherited a tenant from hell when I bought the place, which left a bad taste in my mouth, so now I like the idea of people coming and then LEAVING :).

Inherited a chunk of money a few years back and have been taking my time trying to determine what to do with it.

I started up an LLC a few months back, planning on building up a portfolio of rental properties over time, and I was wondering, could I write my home off in taxes (For business expenses) if my fiance lives with me, 'paying rent' (Both our incomes go to the same bank) and is there a way for her to lessen her tax burden by saying she is paying a certain amount each month to me as a 'land lord'?