Hi T,

There are many legal and tax consequences involved with how you take title to San Francisco real estate. An attorney with real estate and tax expertise and/or a real estate-versed CPA needs to advise you on this matter. Be careful not to take legal or tax advice from anyone who is not an expert....

In San Francisco, I recommend Heather Stoneman for legal/tax advice. Her contact info can be found at http://www.legacylaw.com/hstone.html.

If you want more recommendations or help buying San Francisco property, shoot me an email or call so we can discuss your situation.

Hope this helps!

Danielle Lazier
Zephyr Real Estate
danielle (at) sfhotlist.com
415.695.7707

http://www.daniellelazier.com/bsi/buy.php

It all depends on your long term and short term goals. Your best bet it to consult with a tax atorney to make sure you are maximizing your write-offs.