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Any tax experts here?
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<blockquote data-quote="susiestar" data-source="post: 599254" data-attributes="member: 1233"><p>I wouldn't even know how to begin answering this. If there is a university near you, you might ask someone in the accounting department or you might try calling the IRS and asking them. I know they often can answer surprisingly in-depth questions about taxes. Or see if a local attorney who deals with real estate has a free consult and could give you some ideas of how complex this will be.</p><p></p><p>Wish I could be more helpful. You do have to remember that every state is different, and the state laws or even local laws could complicate things.</p><p></p><p>Whatever you do, spell EVERYTHING out in writing ahead of time. EVERYTHING. That way hopefully there won't be any big surprises.</p></blockquote><p></p>
[QUOTE="susiestar, post: 599254, member: 1233"] I wouldn't even know how to begin answering this. If there is a university near you, you might ask someone in the accounting department or you might try calling the IRS and asking them. I know they often can answer surprisingly in-depth questions about taxes. Or see if a local attorney who deals with real estate has a free consult and could give you some ideas of how complex this will be. Wish I could be more helpful. You do have to remember that every state is different, and the state laws or even local laws could complicate things. Whatever you do, spell EVERYTHING out in writing ahead of time. EVERYTHING. That way hopefully there won't be any big surprises. [/QUOTE]
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