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Telecom Advisor

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Should small businesses rely on credit cards to finance day-to-day operations?

Jul 18, 2010 by Telecom Advisor Follow Answer

Category: Personal Finance

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Which affords more protection-having payments made from your bank account or authorizing your creditor...?
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Rental House - Gift vs Inheritance.

My mother has a rental house for 23 years and now she wants to give it to me . What is the tax consequence? How can we avoid paying tax?

My friend suggested that my mother just leave the house to me in her will since it will be an inheritance the basic will be FMV at that time and I won't have to deal with the past rental. Is this true?
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