Long Term Family Wealth.

[Jim Sestito]

Hi BP,

Looking to keep an elder family members property in the family as opposed to selling right away and 'killing the golden goose.'  It has been hard to get other members on family on board.  Does anyone have an easy read / article / video / podcast they would recommend showing the power of real estate investing leading to generational wealth?

Thanks in advance,

Jim

[Frank Adams]

Obviously I don't know the history of the ownership but why do you think there would be capital gains? There would be a step up in value at the time of death of the owner.