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Re: Home Transfer Suggestion

Posted by BTI on May 15, 2009 at 10:17 AM

In Reply to: Home Transfer Suggestion posted by Dave Vanian on May 12, 2009 at 6:20 PM

Dave

Unlike the others I'm suspicious regarding your motives. The real question is what does your mother really want. I suspect she does not intend to return to the area the house is in, but you and your sister are looking to protect an inheritance.

You don't give any numbers but what is wrong with selling the house, getting her capital gains exclusion, and owning her new home free and clear, with left over money in the bank. Do what is only best for your mother and her peace of mind!!!

BTI


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