We recently purchased a new home, which we haven’t moved into yet. Our current home has no mortgage or liens on it and my daughter is interested in purchasing it. She already owns several rental properties, therefore cannot be approved for another mortgage. We are weighing the option of her leasing/renting it to own, but we’re afraid we will end up paying a large amount of taxes since her rent would be considered income for us. What would be the best way to go about leasing this to her for up to 30 yrs or until she’s able to pay it off….whichever comes first – without us taking a huge hit financially?
3 years ago, my credit score dropped to 500 after missing payments on my credit cards because I went off to boot camp. I was in the process of settling my outstanding credit card bills.it was like a nightmare to me when all (3) my credit cards reached a maximum limit and the banks kept calling me and the reminder letters kept coming. My biggest drag on my score as at first week of January 2018 was 400, credit inquiries (6), Credit card debts of $7000. I read about HACKWEST CREDIT REPAIR whom was said to be a solution for credit issues. I sent a mail to him via [email protected] asking if he could get the job done. After meeting the requirements, He told me to check back in 9 days, which I did and what I saw overwhelmed me, debts were cleared, with 780 score and all credit card debts removed. Text him via (424) 307 2638. Bye
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