My father wants to sell his vacation home in which he will profit $300,000. He then wants to transfer $200,000 of that to his two children ($100,000 each). How can both parties (donor and donee) minimalize taxes? All options are on the table, including selling the house to his children far below market value for a price in which he gains his $100,000 and the children will then sell it for a profit of $200,000.

Is there anyway of getting out of the past due maintenance fees when I have not used the property for over 4 years ? What options do I have of getting out of my contract ? Repossesion process ? Take a loss on taxes ?

I would like to buy a house but I have terrible credit. I can put down 15k on a 190k house. What options do I have to get a loan? Could I form a corporation? Any advice is appreciated.

Should I buy the house or take over payment until we can sell it? Is there any assisted income rental property for her to live in Belleville, Il? What are my options with the mortage until we can get some time to figure things out?

To make it short and simple, I’m going away to college and I don’t want to bring my car with me, since I’m moving out of state and it’s a waste of money to bring it with me. So basically my two options are, sell my car (which I still owe money on), or keep the car and keep paying it off. Another thing to know is that I’m the only driver in the family, so the car would be sitting there until I get home for vacations. So what should I do?

Say for example I have a condo which I need to sell immediately. The condo is priced below market value but not moving on the market. Are there any options in a situation like that if one needs to sell fast. Auctions or short sell do these exisit? Any ideas?
oweing 95% of the market value. 300K prob. not behind in mortgage payments but in need of a fast sell solution. Its a new condo.