Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
Life After Brown
Advice Needed
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 933746" data-attributes="member: 1"><p>Here are a couple of off the wall ideas to avoid taxes... You could give them the money as a "loan" that she would use to pay off the mortgage on the property. Then you take back a principle only trust deed on the property. Leave the trust deed to her as sole and separate property in your will. Then if in the future she ever splits up with what's his name he wouldn't get 1/2 of your money.</p><p></p><p>or</p><p></p><p>Interest rates are low and money is cheap right now so she could lock in these great rates with a fixed rate loan and then you could just pay her rent like any other tenant would. Since she wants to buy additional units maybe you could buy a second unit jointly with her, or just be the bank and finance the second unit using the proceeds from your condo. Then you could manage the units for a discount on your rent.</p></blockquote><p></p>
[QUOTE="cheryl, post: 933746, member: 1"] Here are a couple of off the wall ideas to avoid taxes... You could give them the money as a "loan" that she would use to pay off the mortgage on the property. Then you take back a principle only trust deed on the property. Leave the trust deed to her as sole and separate property in your will. Then if in the future she ever splits up with what's his name he wouldn't get 1/2 of your money. or Interest rates are low and money is cheap right now so she could lock in these great rates with a fixed rate loan and then you could just pay her rent like any other tenant would. Since she wants to buy additional units maybe you could buy a second unit jointly with her, or just be the bank and finance the second unit using the proceeds from your condo. Then you could manage the units for a discount on your rent. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
Life After Brown
Advice Needed
Top