One of the coolest things about this song, is how different it was from just about everything else on the radio at the time. Everything else was hair rock or power pop. Suzanne Vega’s “Luka”, and maybe Lou Reed’s “Dirty Boulevard” not withstanding, these songs all brought gritty realism, which was not in vogue in the late 80s. Ahead of their time.
Hi! I'm an actor. Fat guy with beard. I get called in for everything from "Hipster 2", "guy with beard", "overweight jogger", "fat bar patron", etc.
It takes all shapes and sizes. Though I'm still pretty bummed I wasn't cast in that Geico commercial with the peasants in medieval times.
The best way to give them the properties (I assume you are renting them out at the moment), would be to put them in a trust which is inherited when you die. At that point the basis would re-set, and there would be no capital gains tax to pay if they were sold.
If you gift the properties, the basis will remain at whatever you paid for them, and there likely will be capital gains tax to pay whenever they are sold.
Put them in a trust. Gift the kids up to $15k/yr each (no tax reporting requirements for that), if the rentals can produce that much. Get the kids to do all the landlord chores to earn that money. If you do this right, you can always stop gifting the rental profits to the kids and direct some or all of it to you, should you need that money later in retirement. This should be flexible and tax efficient.
Use a trust and estates attorney to set this up.
This angle never occurred to me. Thank you!
Videos in this thread:
|Haddaway - What Is Love [Official]||+10 - what is love?|
|DEEE LITE - WHAT IS LOVE?||+3 - or you could try to wash your brain out with this instead|
|A Night at the Roxbury Music Video (Haddaway - What is Love)||+1 - I figure you'll enjoy this.|
|A Night at the Roxbury (What is Love - Haddaway)||+1 - http://www.youtube.com/watch?v=D2h4PhgobI8|
|George Harrison - This Is Love||+1 - http://www.youtube.com/watch?v=wqWkBk2ixs8|
|Principles Of Lust: Sadeness/Find Love/Sadeness (Reprise)||+1 - Nonsense, everyone who grew up in the 90s learned by starting with the principles of lust, so we certainly know how to find love.|
|Vladislav - Baby don't hurt me||+1 - Vladislav!|
|DEEE LITE - What is Love||+1 - We had this too, so it wasn't so bad.|
|Howard Jones "What is Love"||+1 - A remedy.|
|Howard Jones - What Is Love||+1 - I actually have to think about it because even though I grew up in the 90s I like the Howard Jones song more.|
I'm a bot working hard to help Redditors find related videos to watch. I'll keep this updated as long as I can.