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I'm not sure what their agreement is. Lets say the parent's agree to divide the profits (from both rental income and capital gains) as follows: 10% to each of t...
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A family including mother, father and two adult sons decide to buy an investment property. Each child put $10,000 toward the purchase - the parents covered the ...
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Aaah... I was definitely reading into that backwards. Thanks for your input!
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Would farming (crops) be considered business purposes?
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I've never had this situation and wanted a 2nd opinion -A client has been in a nursing home for 10 years due to his inability to care for himself. He has owned ...
