/biz/ - Business & Finance

Gift Taxes Tue Jul 7 21:46:34 2020 No.20182033 [View]
File: 1.58 MB, 500x281, 1594071378519.gif [View same] [iqdb] [saucenao] [google]

Hello /biz/. Need help in understanding how avoid gift taxes works. Say my parent wants to gift me a 500k house, how do I avoid getting tax on the 500k? I read a few online articles where it's possible to avoid getting taxed on the gifted property since there's lifetime gift tax exclusion of 11mil and annual exclusion of 15k so it's something like only claim part of the 500k house each year to avoid getting tax?
Thanks for the help and god bless.

>>	Anonymous Mon Jul 6 17:36:18 2020 No.20150911 [View] File: 1.58 MB, 500x281, 93CB0402-E1E2-4892-8601-43A57426415B.gif [View same] [iqdb] [saucenao] [google] LINK will never pass $6, everyone knows that the caramel machiato of starbucks.

>>	Anonymous Tue Jun 30 12:19:27 2020 No.20029543 [View] File: 1.58 MB, 500x281, F736E827-CE10-42E7-B025-4163D24B0724.gif [View same] [iqdb] [saucenao] [google] ohhh stinkies, how is that $5 LINK going now.

>>	Anonymous Thu Jun 11 11:05:19 2020 No.19660407 [View] File: 1.58 MB, 500x281, 5332B8CF-D996-466D-901D-E8567F26F0FB.gif [View same] [iqdb] [saucenao] [google] Why are LINKIES so retarded let get this price down back to $2. Rona isn’t over yet.

>>	Anonymous Tue Jun 9 00:14:55 2020 No.19605830 [View] File: 1.58 MB, 500x281, 1591314066052.gif [View same] [iqdb] [saucenao] [google] >Oh, is that the anon who bought ETH below $300? I wonder what he's doing tonight.

>>	Anonymous Thu Jun 4 19:41:06 2020 No.19523637 [View] File: 1.58 MB, 500x281, F672ECA8-0239-4232-9572-7A31E290CBB5.gif [View same] [iqdb] [saucenao] [google] Fucking hell I only have 7000 LINK... this is what purgatory feels like...

>>	10,000$ WAITING ROOM Anonymous Thu Jun 4 09:32:01 2020 No.19512497 [View] File: 1.58 MB, 500x281, 1526710844871.gif [View same] [iqdb] [saucenao] [google] Remember to sell at 10300$ before the big red candle

>>	Anonymous Fri Mar 13 13:56:49 2020 No.17779698 [View] File: 1.58 MB, 500x281, 1584097735903.gif [View same] [iqdb] [saucenao] [google] >bears thinking they don't have to prep the bull

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