Posted by Bud Branstetter on February 21, 2002 at 21:14:57:
If he inherited the house its value is that as of the date of death. There would not be a big tax bite.
Endless possibilities. I would like a nice low interest owner financed loan.
Help w/ inherited house,tax relief question - Posted by PatP
Posted by PatP on February 21, 2002 at 21:01:31:
I have a client that has just inherited a $300,000 house free and clear and wants to get rid of it. He is open to any options but wants to relieve the big tax burden.
Any ideas would be greatly appreciated. thank you Pat P.