Home/Land Advice

[GAGunguy]

I've been left in charge of the home though so I could sell it for them, but they don't know ( & I don't either for that matter) how we could avoid the "Gift" taxes if they simply gave me the sum of the profits from selling the home.

you should sit down with a CPA, or a financial planner. Your parents can gift you $13k each per year, tax free. So, $26k total per year. Start now, and then do another gift next year and you'll be $54k into the profits. If they don't do this and one passes, then the max gift drops down to 13k per year.

Same rules if they sell and they give you the profit.

If you start with the 13k each per year, then it makes the transition easier in my opinion b/c it starts a process and it might make it easier on your parents. We did this with my grandparents, and once they realized the tax rules, and the lawyer explained the process it made it easier for them to start.

 

[T-Man]

I grew up on the Southside and it pains me to see how bad it has become. My best friend, brother-in-law and sister are still in Henry County and I'm thankful after each visit that I escaped. What another poster said is true, in Atlanta you can run but you can't hide eventually anything near the city will go to crap. 13 years ago I had a great house in the Eagles Landing area, today it's a dump - never would have guessed that would happen when I bought it. Get out now.

My suggestion would be Cherokee or Bartow County. I live near Cartersville and have found NW GA to be full of nice people, beautiful hills and streams/lakes and ZERO south side aggravation. It takes me 50 minutes from Cartersville to get to the airport before 7am and after 7pm. If you are commuting during the day or at rush hour plan on it taking 90 minutes plus. However, even the occasional 90 minute drive is better than the bottleneck you guys get at 75/676.


Just my $.02

 

[chucklenut]

did someone say make it to the airport in 45 minutes?

LMFAO

 

[hkmachinegun]

there are no safe area's around anymore,move over to clayton county,you get used to the violence.At night when i turn off the tv from watching True Lies it still sounds the same outside.

 

[hamburglar3]

Get 10+ miles away from mass transit and stay out of South Fulton. I used to live in north Coweta and it was very nice. Probably some good homes left. You should try to find an owner finance home. They are less rigorous on credit but maybe a tad higher on interest.

 

[Gigabyte71]

We live in Jasper county, and though it is really quite, it is simply too far from anything. But if you looked at the east side of Jackson, in Butts county, you could do the airport in 45 minutes.

 

[SlowMotion]

I moved my family to East Coweta (Sharpsburg/Senoia area) 2 years ago after living in Carroll County for 5 years. Best decision we could make. We love it out there and the only gun shots we hear are from the hunters on the surrounding properties. I work right at the 285/85 merge and most days it is only 35-40 minutes to work during "rush hour".

Dallas/Hiram area would be our second choice to live. Beautiful country area and you would have a good chance of getting land you could hunt on. This was our second choice for where we would have moved. The commute was just better coming in from Coweta than Dallas due to congestion on Highway 278.

Someone mentioned Douglasville. My in-laws live over there and my wife grew up in that area. The southern part of Douglasville is good. Unfortunately, to do all your shopping you have to go back in to the heart of Douglasville. Just make sure your packing and your good to go. LOL

 

[GeauxLSU]

You guys are bumming me out. I've found a place north of Newnan that I've been wanting to buy but the LAST THING I want to do is move to an area that is degrading... Been there... thankyouverylittle.

 

[Zombie Ninja]

You guys are bumming me out. I've found a place north of Newnan that I've been wanting to buy but the LAST THING I want to do is move to an area that is degrading... Been there... thankyouverylittle.

Ya, I remember you commented about that land awhile back. And it's fairly close and good area but time keeps rolling and that area's gonna go to pot too.

 

[Jeddak]

did someone say make it to the airport in 45 minutes?

LMFAO

45 minutes from where I live in Carroll county. We bought a house with 9 acres last year. I can shoot, hunt all I want. Carroll county is very conservative, economically stable.