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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Buy with a short term trust and resell with ... Posted by Ward-CA- on August 06, 2003 at 7:29 AM In Reply to: Re: Try a Joint Venture posted by art on August 06, 2003 at 7:11 AM : Ward, : Thank you. I also was wondering if I took title and then later transfered the property to another entity that I might avoid the 3.3% tax. But what about transfer tax on the secondary transfer? Yikes! So many things to consider!! =-=-=-=-=-=-=-=-=-=-=-=-=- Art, A good idea! Yes, you can easily pop the property into a THT (title holding trust) using the Certification of Trust form as your only piece of paperwork for your purchase transaction. Then before you enter into your resale escrow in the next few months, transfer the title into the best vehicle to avoid the 3.3%. Hey, I like this approach. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, : : Thank you. I also was wondering if I took title and then later transfered the property to another entity that I might avoid the 3.3% tax. But what about transfer tax on the secondary transfer? Yikes! So many things to consider!! : =-=-=-=-=-=-=-=-=-=-=-=-=- : Art, : A good idea! Yes, you can easily pop the property into a THT (title holding trust) using the Certification of Trust form as your only piece of paperwork for your purchase transaction. : Then before you enter into your resale escrow in the next few months, transfer the title into the best vehicle to avoid the 3.3%. Hey, I like this approach. 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

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