Keep, Refi, or Sell: What to Do with an Inherited Rental Property

Find out if you should keep, refinance, or sell your inherited rental property in MINUTES with Property Llama: https://go.propertyllama.com/bp/

You’ve just inherited a paid-off property…but what should you do with it? Keep it and collect a rent check each month, refinance and reinvest, or sell the property for a HUGE gain? While it might seem as if you’re playing with house money, you don’t want to miss out on an enormous opportunity to improve your portfolio and grow your long-term wealth!

Chris Lopez is here to walk you through this big decision start-to-finish. Using a real-life example of inheriting a house, he crunches the numbers and compares several options to determine which path offers the highest possible return. Depending on the property, your financial goals, and the lifestyle you wish to live, one option reigns supreme. Tune in to find out what it is, and learn about the tax rule that could help you save six figures on capital gains!

Make the RIGHT investing decision today with help from Property Llama: https://go.propertyllama.com/bp/

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10 Simple Ways to Minimize or Avoid Capital Gains Taxes In Real Estate: https://www.biggerpockets.com/blog/ca...
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How to Keep MORE of Your Inheritance From the IRS (Avoid THESE Tax Mistakes): https://www.biggerpockets.com/blog/mo...
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00:00 Keep, Refi, or Sell?
00:51 Sponsor: Property Llama!
01:41 Option 1. Keep It
06:02 Option 2. Refinance
07:57 Save Six Figures in Taxes?!
09:26 Option 3. Sell It!
13:05 Where to Invest Your Profits
18:33 Compare Your Portfolio!