Join together — Buying a home jointly with a family member can reduce estate tax liability
$225.00
Description
Abstract: Many homeowners aren’t aware that buying a home jointly with a family member can remove a house’s value from one’s taxable estate. But it’s important to not confuse a joint purchase with joint tenancy. This article explains the difference between the two, and shows the effects that a joint purchase can have on both estate taxes and income taxes.
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