Hello, BP -
I'm looking for a tax/legal professional in the Raleigh area to discuss my upcoming real estate gifting situation.
My mother-in-law (non us citizen) is about to gift my wife (dual citizen) and I a fairly valuable property in a foreign country. I have several questions ranging from minimizing gift tax up front, to the potential of getting US based equity lines against the property priced as a commercial asset (We're going to be renovating the building into a 7 unit complex). We would love to pull equity out post renovation and use to purchase additional investment properties locally.
If anyone has good recommendations on someone I could speak with in the Raleigh area that is accepting new business, it would be greatly appreciated. Thank-you for your time.
Matt
