Purchase price: $275,000 Cash invested: $294,000 Sale price: $355,000 The property is a 2 bed 2 bath with a den and a 1 car garage.

The property is a 2 bed 2 bath with a den and a 1 car garage.

Located inside the gated Diamond Bar tennis club community this prestigious 2 bed 2 bath second story Apartment town home with detached 1 car garage and 1 car port parking will leave you looking no further.

I am about to start a full rehab on a 5 unit brownstone in Bed-Stuy...

The compliance on these can be tricky, tread carefully or work with experienced funds.4) Death - Nothing is certain but death and taxes.

And defers (until death estate if they want) the rest of the tax.

The only piece of advice that I would give is that getting a STR to market is death by 1000 cuts.

Did you have an appraisal done at the date of death when you inherited it?

If you are looking for messy titles -  just following the Notice of Defaults, Affidavit of Death, Pre-Probate,  Divorce Decrees  on PropertyRadar or Propstream.  

If you do place the property in her name, then inherit it later, it does allow for you to receive a step up in basis at that point, allowing you to sell the house shortly after her death without paying capital gains tax.5.