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14 March 2008

Income From Your Bellingham Property

Individuals with highly appreciated land and/or rental properties are looking for a ways to convert their properties to income without the consequence of a large tax liability. Landlords often want to simplify their lives by getting out of the rental business, but also want to retain their same level of income. One solution may be a charitable remainder trust. A charitable reminder trust allows an individual to transfer their property to the trust and convert the real estate value to cash and eventually to income without the usual tax liabilities.  Read more at www.bellinghamspaceforlease.com or call 360-714-1080 for more information.

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