Hi all,

I have a family member with 4 properties in PA.
3 are in person name, 1 is under business name.

Before this person passes what is the best way to handle the situation.

Should the 4 homes deeds go into the 2 kids names, a simple deed transfer.

Should we get a Trust on all 4 homes.

All 4 homes are producing incoming as rentals.

The living spouse would continue to collect the rent and earnings, but wants the homes under childrens names.

Based on the above scenario, who should i speak with, what is the best option in relation to taxes.

Also, who pays tax on the rental income if the deed is in 1 parties name, and the rent is paid to another person.

Thank you for all your help and support