What kind of attorney do I need? Real estate & tax implications?
Wednesday, June 9th, 2010 at
3:41 am
Comments (5)
I am planning on buying my mom’s house for what she owes on it. There is a lot of equity in the house. drugs without prescription When I sell the house in a few years, I want to give her back the equity that is currently in the house, but I don’t want to be taxed for this. I guess you could say that she is loaning me the money until I sell the house later. Then I have to give it back.
What kind of attorney would I need to talk to regarding tax implications and this kind of “loan”? I want to protect both my mom and myself.
Thanks
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