| Title | : | Gifting Property while living |
| Lasting | : | 9.41 |
| Date of publication | : | |
| Views | : | 18 rb |
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What if the gifted house becomes your primary residence? Would you still be subject to capital gains if you decide to sell? Comment from : Stephen Zetts |
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What if your kids don't have a primary residence so the house you are gifting to them will be their primary residence They wouldn't have to pay capital gains tax on the future sale of it would they? Comment from : Egg Dog With Manners |
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I have the same scenario dad ( in California) has a Living Trust now want me to take over the rental property that is in his trusthe is tried of maintaining building now wants me to take it still owes 40k to i buy it or gift? or? Comment from : PAPA JOE |
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My father has a paid off property worth $500k that he wants to transfer in my name via a quitclaim deedbrbrIt exceeds the $15000 gift tax limit, however, what gift tax do we have to pay? Or is it a matter of filing the 709 tax form My CPA is also mentioning that we have to pay a capital gains tax? Comment from : Rik Patel |
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Laws laws laws and more laws all so the lifetime politicians can continue their elite lifestyle and feed their addiction to power Comment from : ALEX CIOCCA |
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Our government shouldnt get anything when you dieit goes to family Comment from : R S |
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Dont give to charity when you die Comment from : R S |
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Thanks that was very helpful ! Comment from : Sinon Wei |
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