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Tax, SDIRAs & Cost Segregation

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Ram Gonzales
  • Investor
  • San Antonio, TX
21
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60
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Deceased Owners, no kids, auction in two weeks. Any hope?

Ram Gonzales
  • Investor
  • San Antonio, TX
Posted Mar 29 2015, 15:42

Hi all. I was researching a vacant property and found a sibling of the previous owner. Here's the story. Sue bought the house in 1999. She got married 4 months later to Bob. Sue passed away in 2013. Bob then passed away a year later. They had no children. Sue has 3 siblings all out of state. Bob has 5 siblings also all out of state. I spoke with Bob's sister Debbie. Debbie says that no one really wants to deal with it, mostly because they don't know who legally owns it and the mortgage company won't talk to anyone but the owner. The auction is in less than two weeks. What should be my next move? Talk to a probate attorney?

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