InnoVest Resource Management's Foreclosure Forum

Discussion Board Foreclosure Training Title Holding Trust Speaking Schedule Foreclosure Codes 50 State Foreclosure Basics Foreclosure Glossary 60+ Yrs Interest Rates News & Trends FAQ Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: full value component of FITE Posted by Ward-CA- on September 19, 2001 at 7:12 PM In Reply to: full value component of FITE posted by Rick on September 19, 2001 at 6:57 PM : Ward, : If a property is transferred as a gift at zero transfer tax, does that satisfy the Full Value requirement for FITE? =•=•=•=•=•=•=•=•=•=•=•=•=• Rick, there’s no documentary tax in a gift situation. So the “Full Value” box won’t be checked. Thus it fails FITE. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, : : If a property is transferred as a gift at zero transfer tax, does that satisfy the Full Value requirement for FITE? : =•=•=•=•=•=•=•=•=•=•=•=•=• : Rick, there’s no documentary tax in a gift situation. So the “Full Value” box won’t be checked. Thus it fails FITE. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Copyright © 1997-2001, InnoVest Resource Management

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455