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pickly2023
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  • Thank you. Yes, I believe I understand the gift tax aspect, including the lifetime exclusion. My question goes more to whether gifts might be misconstrued as un...
    pickly2023
    Updated Jun 05, 2023
  • Thank you so much. I follow and am happy that the law tracks commonsense a bit on this point. I would welcome any further input, steers, or advice. Thank you to...
    pickly2023
    2
    Updated Jun 05, 2023
  • Thanks for your help, and I hope you are right. I'm a cautious person and know someone who got burned in a similar scenario some years back. I'm just hoping to ...
    pickly2023
    4
    Updated Jun 05, 2023
  • Thanks. The gifts I have in mind -- say, $10,000 per year -- would come awfully close to the market rental value of the home (given the area where the home is)....
    pickly2023
    6
    Updated Jun 05, 2023
  • Thank you so much. My only hesitation is that, during an audit (or perhaps in some other context), the government might point to the gifts and say that they act...
    pickly2023
    8
    Updated Jun 05, 2023
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