[ Edited by amyarata on Date 09/10/2010 ]
Depending upon your annual flip volume, you may run into gift tax issues by putting your children on the deed. If you have to pay a gift tax, the rate starts at something like 45%. Talk this through carefully with your tax advisor.
Depending upon your annual flip volume, you may run into gift tax issues by putting your children on the deed. If you have to pay a gift tax, the rate starts at something like 45%.
Talk this through carefully with your tax advisor.