Your gift back is not taxable income.

I haven't had occasion to consider this issue, but it seems to me that these would be property taxes that accrue at the time (each Jan 1) and...

All that is negotiable with your proposed partner. I don't know what you mean by treat income as equity - it appears you may be confused by...

So sorry for the loss of your son, and good luck with a vary commendable project. Generally, you may want to form a Texas non-profit legal entity,...

If the bank is aware that he owed taxes, or if tax lien has been filed, it may be difficult to get the bank to release his share of the funds...

You should file all your tax returns even if you don’t owe income tax as you may owe self employment tax. Also it will prevent scammers from...

As you describe it, you may qualify for sales tax exemption on the materials you buy to manufacture the conveyors or other machinery you sell to...

Probably enough. A signed notarized Affidavit would be better, particularly since it is cash.

Paying the taxes only gives you a right of reimbursement against the rightful owner. If sister died without a will, then the law of inheritance...

Yes - you might prefer a Transfer on Death Deed, as that would give you a free step up in cost basis which may mean less tax when or if you sell...