1. your principle did not get transfer..
2. you paying tax on interest earned.
3. you son can't take full benifit of depreciation which can offset rent income.
4. you still having to face death tax..
that defeats the purpose...
2. you paying tax on interest earned.
3. you son can't take full benifit of depreciation which can offset rent income.
4. you still having to face death tax..
that defeats the purpose...