Vincent Carosso
Inherited house with sister
I inherited a house with my sister, what’s the best way for me to buy out her portion with minimal taxes taken from her. She has been living there for the last 8 years.
Christina Merlo
Buying sister out of inherited property?
My father left my two sisters and me a house. We've been renting it out, splitting the disbursements three ways for a year. One sister wants us to buy her out of the house. Is there a way to take out a loan to pay her...
Brock Fletcher
Creative financing/tax shelter inherited home first purchase flip
The home: My mom and her two sisters inherited my grandmother's home 18 months ago, and it's been sitting empty since. It's appraised at $180K and sits on 5 acres. 4bd/2b 2000 sqft. The area was once rural, but is now...
Leeannjua Stevenson
INHERTIANCE TAXES ON SALE BY BENEFICIARIES?
I inherited a home along with my siblings from my father who passed away. We have never resided in the home, and ended up selling the property. At the time of sale home was free and probate had back personal taxes owe...
Ricardo Murph II
Home owner wants to sell but sister has life estate
I am wholesaler/ investor in the Cleveland area. I was contacted by a gentleman that wants to sell his house. The problem is his sister lives in it and she has a life estate on the property. During my google search ...
Joshua Morton
Deciding on Selling Beach House
Hi Everyone, I have a situation that is causing a lot of stress in my life and I wanted to get some feedback. My sister and I recently inherited a beach house, a condo, and a plot of land in the Cherry Grove, SC ...
Joseph Bafia
2nd Property Purchased in Mars Hill, NC
Investment Info:
Single-family residence buy & hold investment in Mars Hill.
Purchase price: $86,000
Cash invested: $16,000
2nd property purchased in Mars Hill.
2/1
Intended to do as STR but en...
Frank McSorley
Buying Mother-in-Law's house??
My wife and I are considering buying my Mother-in-Law's 3 family house in MA. She's retired and no longer needs the tax advantage of home ownership. My wife and I make around $120,000 and have been getting killed on t...
Andrew Farmer
Getting an inherited "estate of" house under contract?
I'm close to finalizing negotiations with an inherited property that's in an "estate of mothers name". The ones who inherited the property are the guy I am negotiating with and his sister. When I put the property unde...
Lydia S.
Brother and sister on Deed
Hello all,
If a brother and sister were deeded a home after the passing of their father, and the sister now wishes to buy out the brother (who has occupied the home for over 2 years), what is the process?
Both partie...