A friend of mine is going to help his mother buy a condo so she can stop renting.
Looking for your opinions on him buying it and treating her as a tenant and getting the rental income vs her on the mortgage and not having to pay tax when it is eventially sold.
Any input is appreciated.
Thanks
Looking for your opinions on him buying it and treating her as a tenant and getting the rental income vs her on the mortgage and not having to pay tax when it is eventially sold.
Any input is appreciated.
Thanks