Replies

To: dynachrome

Could be expensive for him... If he’s giving it to her outright, he’ll have to pay a 45% gift tax on the value of the house, minus the exemption.

Mark

29 posted on 02/10/2009 4:35:51 PM PST by MarkL (Do I really look like a guy with a plan?)

To: MarkL

heh. I hadn’t thought of that. Maybe it is time to send a reminder to the IRS about that.

35 posted on 02/10/2009 4:37:57 PM PST by dynachrome (Barack Hussein Obama yunikku khinaaziir)

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