Legal Question in Business Law in Florida
transfer of asset
I own a building where my daughter rents space and runs a restaurant. I'd like to retire and transfer the building to her without triggering a taxable event. Is there some sort of trust arrangement we can utlilize?
Asked on 7/16/08, 5:38 pm
2 Answers from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Re: transfer of asset
See a tax lawyer. You would be crazy to rely on anything from an internet site. This is for more general questions. You have a very specific question whose answer depends on a lot of different variables.
Answered on 7/16/08, 9:07 pm
Related Questions & Answers
-
Partnership I am in a partnership (LLC) with 3 members. We have a real estate deal... Asked 7/09/08, 12:06 pm in United States Florida Business Law