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Advice on Rental Income

KaelaH
KaelaH Registered Posts: 131 Dedicated contributor 🦉
September 2015 in General accounting discussion
I have a client who has purchased a property for rental. He is concerned that his father has no provision for pension in his old age therefore would like his father to earn the income from the property on the understanding that, once his Dad passes away, he will have the property still in his name to either sell or rent out himself. What is the best way to deal with the income on this please?
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