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Get your taxes done using TurboTax
is the donor's net worth over $11.5 million.?
If not, the gift tax form will never come into play.
Filing it is a meaningless exercise.
I don't thing you even have to file it for these "gift-of-equity' real estate transactions. The whole scheme is just a gimmick.
‎April 11, 2020
8:27 PM