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.
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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.