I wanted to file the protest online first, but cannot get ifile number given the ownership information is not updated on county website yet..Maybe I need to call the appraisal district to get the ifile number..

Hello, my Dad is interested in understanding and identifying the best way for him to leave his house to me, while minimizing taxes. Generally, what are some the ways this could be handled and the relevant considerati...

How do you split up ownership?

If he leaves 10%, I've still got 45% ownership and he has 55%.  45% ownership with $0 down isn't a bad deal for me no matter how I look at it. 

If tenants actually ask, you can say it’s under new ownership but retaining the same management. 

It is a share of ownership in a large portfolio of real estate properties, the difference is they are typically private (not sold on the stock exchange).

You can split your profit without giving ownership if properly stated.

warranty  special  trustee's etc.. its just particular deed to transfer ownership.. its the weakest deed.. and like @Jason Dillard said in some states you cant get title insurance with it.. in other states its fine ( think Mississippi for instance)… Sub too just means you took title subject to what ever is existing at the time.. be it tax's  liens mortgages etc.

I understand 4 reports is a lot, $160, but the tenants are being financially burdened for the transition of ownership. 

If you are not making income from your personal residence, then it is going to take you many years before you realize any benefit of ownership.