Money Land gifted and Taxes - Page 3

Reroka · 07-18-2022, 07:35 AM

I havce been gifted 3.5 acres of land in South Carolina. Need to know how I go about paying taxes on it or do I even have to considering its a gift?

Reroka · 07-18-2022, 08:40 PM

Quote:

Originally Posted by srvy

Did you crash and burn the drone yet?

No, I still have it, Took some video and spying on the people close to where I live lol

Reroka · 07-18-2022, 08:43 PM

Quote:

Originally Posted by Shaid

buy it for a dollar

Yes it is being gifted to me but I did buy it. I paid 6500.00 for the 3.5 acres that today I was told is worth 35k per acre.

So I am buying it but to skip paying any taxes on it he is just gifting to me.

Reroka · 07-18-2022, 08:44 PM

Quote:

Originally Posted by Bump

ofc you gonna have to pay rent on it, you don't own it.

No rent,

as of Friday I own the land.

07-18-2022, 07:35 AM
Reroka Veteran Join Date: Dec 2018 Casino cash: $4700400	Land gifted and Taxes I havce been gifted 3.5 acres of land in South Carolina. Need to know how I go about paying taxes on it or do I even have to considering its a gift?
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