How to Transfer Real Estate From Parent to Child

If you own a business, i would encourage you very simply to consider hiring your kids now. Hire your kids at a fair market rate. Takes income out of youra cheque book and puts it to your child,. And then allows your child to pay for a for their own schooling. You can eliminate the tax burden on that income. Plus you'll probably help them give in that study that i cited last monday about children who work and pay for some of their tuition - seem to dowa, do better in school.