To: lysie
Hill-o-ree, 'Zip' Cliinton, what a pair, they own the democractic party lock stock and barrel, control the monies, pick the people who will run and the dems just go on and on and sink deeper and deeper. Just what kind of spell do they have over these politicians and I do not say this as a joke, I mean just what I said 'spell'. Are they controlled by someone or, something? No, I not a nut, just concerned.
To: gulfcoast6
I am not an attorney, nor do I play one on TV. However, if the house is also in your daughter's name, half of the income will be attributed to her. If she is going to also be on the new home, this is not a problem, I think.
There are new rules on capital gains and reinvestment in real estate. I think you are ok, but PLEASE spend a bit of money to consult a tax attorney or a real estate attorney. $100 spent now will make sure you don't have to give the government a lot more later.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson