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  • Re: I sold an income property to friend. I plan on gifting the 12k profits to my daughter. If I endorse the check to my daughter, will I still get taxed for the extra income?
VolvoGirl
VolvoGirl
Level 15
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Get your taxes done using TurboTax

Then you can deduct a loss.

‎September 2, 2020 1:04 PM
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