I would suggest to work with an accountant who has done this, because you will want to get the SDE of the business to see what it could cash flow, then you can have an idea of a loan payment you could make to them.From my experience, there is the Purchase Price and the Terms, you get one.

Taxes will eat up a good amount as well and that doesn't count living expenses.

You need someone to review your complete financial picture, including real estate, brokerage, and retirement accounts. 

Bottom line - best to pay your taxes and not have your inheritance subjected to all of this, right?

I made account with baselane and I am trying out the trial period for tenant cloud.

Make sure you do a consultation with the custodian and your accountant first.

This is the aspect that is often overlooked until tax time (Accountants on here,give me a vote if this is true!)

The extra cash flow that results when you don't have to pay taxes can be used to upgrade the property or purchase additional properties.

For bookkeeping/accounting, we recommend Quickbooks Online.

It feels like anyone who has watched HGTV or has a social media account is now an “investor.”