I heard that this can be beneficial for the seller cause it can help them avoid tax obligations.

Highest conversion rate you can get with these folks.3) Pre-foreclosure/tax isues, etc.

Is there any way to avoid these taxes?

I'm not sure what you mean by type of income tax basis, but ideally, both my parents and us would have the lowest tax basis possible?

I just had my annual appt with my tax guy and he advised now is a HORRIBLE time to get into real estate and that I'm better off in stocks.

So I recently learned that some states don't have any income tax.  

"While exploring the fence situation I also explored the driveway with no easement situation and decided to implement a fee to help me cover the taxes and maintenance of the section of my parcel that is paved and dedicated for your use as a driveway."

Based on a quick search, I did not see any governmental agencies addressing this particular question.LA county assessor says the child must make the received property his/her primary residence within 1 year, and must file a valid Home Owners property tax exemption. 

Thank goodness for tax deductions, right? 

The parent to child transfer of property tax base, was changed this year, due to Prop 19.