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Level 1
June 3, 2019
Solved

I was given a house from my parents do I report this?

  • June 3, 2019
  • 1 reply
  • 13 views
The house is down to studs maybe worth 10,000
Best answer by PopeyeTheSalior

No. You do not need to report it. It is considered a gift. 

1 reply

PopeyeTheSalior
Level 13
June 3, 2019

No. You do not need to report it. It is considered a gift.