dbm5510
New Member

My father-in-law (91) lives in Fl and wants to sell his home and give us (in NY) 200,000 towards a new home and live with us. Do we have to pay tax on that money?

My father-in-law (91) lives in Fl and wants to sell his home and give us (in NY) 200,000 towards a new home and live with us. Do we have to pay tax on that money?