Legal Question in Real Estate Law in Florida

Like-kind trade

We want to trade vacant land in our names for a house of equal value, but we want to put the house in our daughter's name and hold a no money down-interest only mortgage for her. Can this be done? (This we feel, would lower estate taxes for her someday and save us on our taxes now.)


Asked on 7/28/06, 10:49 am

1 Answer from Attorneys

Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Like-kind trade

Without regard to tax consequences, you may.

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Answered on 7/28/06, 1:36 pm


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