Real Estate and Inheritance

Real Estate and Inheritance

Real estate investment purchase of real estate for income or value appreciation Rental yield income from rent / value of the real estate Capital appreciation increase in the value of real estate over time Leverage in real estate use of mortgage to boost returns 1031 exchange tax deferral when exchanging one property for another (USA) Will / Testament will (document on disposition of assets after death) Probate procedure for court validation of a will Power of attorney authorization for management of affairs Living will statements regarding medical care at the end of life Beneficiary designation indication of recipient (bypassing the will)