Ace's house in N.J. ....

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parasite74
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Ace's house in N.J. ....

Post by parasite74 »

The deed is in his daughter's name. https://www.zillow.com/homedetails/22-F ... 3628_zpid/ very nice place!!
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Re: Ace's house in N.J. ....

Post by superglide88 »

Dude is making good money in LA Guns, be careful Phil doesnt get jealous when he finds out.
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Re: Ace's house in N.J. ....

Post by MattleyCrue »

Makes the most sense to put in kids name in case anything happens
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Re: Ace's house in N.J. ....

Post by dmbrocker »

superglide88 wrote: Sun Apr 07, 2024 1:45 pm Dude is making good money in LA Guns, be careful Phil doesnt get jealous when he finds out.
I'm pretty sure OP was referring to Ace Frehley and not Ace Von Johnson.
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Blumpkin King
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Re: Ace's house in N.J. ....

Post by Blumpkin King »

Except for the living in New Jersey part it seems nice. Their real estate laws are a little out there.
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mrspeedgene
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Re: Ace's house in N.J. ....

Post by mrspeedgene »

At his age having it in his daughters name makes sure SHE gets it when he dies...not the state.
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Re: Ace's house in N.J. ....

Post by El Vampiro Blanco »

mrspeedgene wrote: Mon Apr 08, 2024 4:42 am At his age having it in his daughters name makes sure SHE gets it when he dies...not the state.
Why would the state get it?
Wouldn't she just inherit the house (including a possible mortgage)? Actually his wife would inherit it 50% and his daughter 50%, I think.
Or are you referring to his supposed IRS debt?
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Re: Ace's house in N.J. ....

Post by GreatWhiteSnake »

dmbrocker wrote: Sun Apr 07, 2024 4:02 pm
superglide88 wrote: Sun Apr 07, 2024 1:45 pm Dude is making good money in LA Guns, be careful Phil doesnt get jealous when he finds out.
I'm pretty sure OP was referring to Ace Frehley and not Ace Von Johnson.
And I'm pretty sure sg88 knew that...
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Re: Ace's house in N.J. ....

Post by mrspeedgene »

El Vampiro Blanco wrote: Mon Apr 08, 2024 5:27 am
mrspeedgene wrote: Mon Apr 08, 2024 4:42 am At his age having it in his daughters name makes sure SHE gets it when he dies...not the state.



Let's say ACE goes into long term care. When he dies his debts die with him. If HE still owned the house those debts would have to be made good by the estate before his family could get anything. That's WAY over simplifying it, but it's the basics.
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Re: Ace's house in N.J. ....

Post by El Vampiro Blanco »

mrspeedgene wrote: Mon Apr 08, 2024 11:38 am
El Vampiro Blanco wrote: Mon Apr 08, 2024 5:27 am
mrspeedgene wrote: Mon Apr 08, 2024 4:42 am At his age having it in his daughters name makes sure SHE gets it when he dies...not the state.



Let's say ACE goes into long term care. When he dies his debts die with him. If HE still owned the house those debts would have to be made good by the estate before his family could get anything. That's WAY over simplifying it, but it's the basics.
Alright, I understand this scenario.
Where I live it would be costly to pull off, because if I would buy a house for my kids, the IRS would see it as a gift and either I or the recipient would have to pay what they call 'gift taxes' on it.
The percentage is based on what kind of family relation it is. For children it would be 20%....
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Re: Ace's house in N.J. ....

Post by earthdog420 »

70S
ACE AND PETER IN CONN
NOW NJ
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Re: Ace's house in N.J. ....

Post by BadDogWater »

Hope it has a sock drawer.
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Re: Ace's house in N.J. ....

Post by Aerosmith87 »

West Jersey Ace huh
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Maalsa
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Re: Ace's house in N.J. ....

Post by Maalsa »

How were you able to find this info in the first place, then figure out his daughter holds the deed?

Not saying you're a stalker but that's quite a bit of personal information to be blasting on the internet. Privacy is a hard thing to get these days I suppose...

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Re: Ace's house in N.J. ....

Post by mrspeedgene »

Maalsa wrote: Thu Apr 11, 2024 6:46 am How were you able to find this info in the first place, then figure out his daughter holds the deed?

Not saying you're a stalker but that's quite a bit of personal information to be blasting on the internet. Privacy is a hard thing to get these days I suppose...

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Who owns what and how much they paid is public, at least here in Ohio.
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Re: Ace's house in N.J. ....

Post by parasite74 »

Maalsa wrote: Thu Apr 11, 2024 6:46 am How were you able to find this info in the first place, then figure out his daughter holds the deed?

Not saying you're a stalker but that's quite a bit of personal information to be blasting on the internet. Privacy is a hard thing to get these days I suppose...

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All public information. It's called "the freedome of information act". Google it and learn somthing. This has been in effect for over half a century.
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Re: Ace's house in N.J. ....

Post by Maalsa »

parasite74 wrote: Thu Apr 11, 2024 1:11 pm
Maalsa wrote: Thu Apr 11, 2024 6:46 am How were you able to find this info in the first place, then figure out his daughter holds the deed?

Not saying you're a stalker but that's quite a bit of personal information to be blasting on the internet. Privacy is a hard thing to get these days I suppose...

-Maalsa
All public information. It's called "the freedome of information act". Google it and learn somthing. This has been in effect for over half a century.
Interesting.

I tried looking and couldn't see which avenue to make the FOIA request. Which one did you use to find this? Inquiring minds want to know!
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mrspeedgene
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Re: Ace's house in N.J. ....

Post by mrspeedgene »

Maalsa wrote: Thu Apr 11, 2024 7:38 pm

I tried looking and couldn't see which avenue to make the FOIA request. Which one did you use to find this? Inquiring minds want to know!
Start with looking yourself up on your County property tax site. Once you figure that out you can find anyone.
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Danzig in the Dark
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Re: Ace's house in N.J. ....

Post by Danzig in the Dark »

mrspeedgene wrote: Fri Apr 12, 2024 5:01 am
Maalsa wrote: Thu Apr 11, 2024 7:38 pm

I tried looking and couldn't see which avenue to make the FOIA request. Which one did you use to find this? Inquiring minds want to know!
Start with looking yourself up on your County property tax site. Once you figure that out you can find anyone.
Deeds and property taxes have always been publicly available information. Birth, deat, court and criminal records. Military service records too. Privacy has always been tenuous, less so with the internet.
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