May 20, 2024
10:44:18am
10:44:18am
But the annual exclusion is only $18,000. As I understand it, each parent can gift that amount to each person in the
couple. So $72,000 total. Can you split up the gift of the home into some kind of annual payback schedule that breaks it up into annual gifts under the exclusion level?
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0% financing? Are they paying gift taxes then? I would think they are using a family loan which requires somewhere
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