Thread: Money Land gifted and Taxes
View Single Post
Old 07-18-2022, 07:33 PM   #30
Rain Man Rain Man is offline
Seize life. Be an ermine.
 
Rain Man's Avatar
 

Join Date: Jul 2001
Location: My house
Casino cash: $-482449
VARSITY
Quote:
Originally Posted by Miles View Post
With property the idea is similar. The short version is it’s commonly addressed through a loan where you forgive up to the annual gift limit in principal and interest until it’s paid off.

via GIPHY

__________________
Active fan of the greatest team in NFL history.
Posts: 145,278
Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.Rain Man is obviously part of the inner Circle.
    Reply With Quote