TAXES - how many Taxes can you pay on one transaction? - A Case Study from Real Life.
“I want to give my grandson my home. Can you do a deed for me?” That was the question I was asked one morning not long ago. Seemed like an easy thing to do. I have done thousands of deeds. I have helped prepare and transfer more properties than my share, both to clear title and to transfer title to another, sometimes to a grandchild. So why not do it again? So, did I do it? NO! Why not? Was it not a chance to help another, perhaps help a grandson to reap the bles