Q.The best way to save taxes for my father
지역Florida
아이디j**lyj**l****
조회1,460
공감0
작성일7/14/2010 3:23:38 PM
My father who lives in Korea and a Korean citizen wants to buy a house for me(U.S. citizen living in the U.S.) to live.
I'd like to ask which is the best way to save any taxes for buying $300-500,000 range house?
1. My father buys a house as his investment property and later add my name on the deed as a joint tenancy.
2. He buys it an an investment property and after he passes away, I inherit the property.
3. Buy a house as a joint tenancy now.
4. He pays gift tax in Korea and send the money and I buy the house with the gift money.
My father will pay for the house price and taxes in any case.
Thank you for reading and please give some advice!