Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Real Estate Law (https://www.askmehelpdesk.com/forumdisplay.php?f=29)
-   -   How to hide realestate property (https://www.askmehelpdesk.com/showthread.php?t=591205)

  • Aug 4, 2011, 11:13 PM
    gw3456
    How to hide realestate property
    Is it possible to hide realestate property that's paid for from crediters
  • Aug 5, 2011, 03:26 AM
    ScottGem

    Give it to someone else.
  • Aug 5, 2011, 06:31 AM
    joypulv
    Even giving it away ain't that simple, because the IRS doesn't look kindly on it, and will impose a gift tax at market value. You could talk to a tax lawyer about incorporating and hiding it in the company or some such maneuver, but the laws are always catching up to slimy tactics.
  • Aug 5, 2011, 07:08 AM
    excon
    Quote:

    Originally Posted by gw3456 View Post
    is it possible to hide realestate property thats paid for from crediters

    Hello gw:

    Sure, it's possible. It's also FRAUD. They put people in jail for that.

    excon

  • All times are GMT -7. The time now is 02:45 AM.