[WSBARP] who pays the tax on gain?

[Douglas Scott]

Parents buy a house for their daughter.  All 3 are on title, but parents
want nothing to do with the house.  Upon the sale of the house the parents
don't want any tax liability. How do the parents avoid this and which one
of them (or all) get the 1099S?  Is it whoever gets the payment?

*DOUGLAS W. SCOTT*
Rainier Legal Advocates|LLC

465 Rainier Blvd. N., Suite C
Issaquah, Washington 98027
425.392.8550 (tel)
425.392.2829 (fax)



www.rainieradvocates.com


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