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Get your taxes done using TurboTax
They can each gift you $14,000 apiece and if you are married or have kids they can gift to them also. This can reduce or eliminate the amount reported on the form 709. Of course I can't see what the problem is if they sell it to you for less than market value if they want to. You may ask more questions as to the need for the "gift" unless you are trying to cash out some equity or using that amount as a "down payment" to get financing.
‎June 7, 2019
2:56 PM