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Non-Tech : Kirk's Market Thoughts
COHR 157.96-5.2%3:59 PM EST
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To: Brian Sullivan who wrote (9592)5/2/2020 9:24:57 AM
From: robert b furman1 Recommendation

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Kirk ©

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Hi Brian,

It is totally tax free, as long as you don't have siblings.

Those inflated real estate properties become a big transaction if you have to buy out your siblings.

All it takes is one of them to say, "I want my share of the value in cash" and you are then the buyer of at least half or more depending on the number of siblings you have.

Granted your portion is free, but the rest requires a long term plan or another mortgage at a later time in your life.

Unless you are an only child, then kaching!

Bob
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