Tax StrategyWhile liquidating the brokerage account may trigger capital gains taxes, strategies like staggered withdrawals or tax-loss harvesting can help minimize the impact.

Additionally, as a co-owner, he would directly benefit from any appreciation, tax deductions, and profits from the property.On the downside, being on the loan could impact his credit score, especially if there are any missed payments or financial issues.

My payment with insurance & taxes is $1425 a month.

. - If I pay property taxes online (let's say with a credit card), will my name show up as the payor or will the trust/trustee's?

My understanding is that you can sell assets and defer capital gaines taxes in an opportunity zone until the property is sold.

I'm passionate about helping real estate investors maximize their tax savings through strategic depreciation.Cost segregation is a powerful financial strategy that allows property owners to accelerate depreciation deductions by identifying building components that can be depreciated over shorter timeframes.

It'll be important to know how much taxes you're gonna be paying when you sell it.

- the property is based in Garfield Heights - and that my property tax will be much higher.More details: https://brickbear.ai/share/deal/1/583 Define "area not that great"......It's a high C type area.

Tax Liens are not a big thing here in CA either.

They don't pay the same taxes a citizen would pay.