Andrea – Liz

We know that you can give up to $12,000 per person per year and never pay a federal gift tax – thanks to the annual gift tax exclusion. That’s fine if you’re writing out a check or just giving cash. But, how can you give someone a house or a business or anything else that is not money and, florida land sale, still have it come under the annual gift-tax exclusion?Let’s say you’re parents have a condo in Florida that they bought several years ago for $100,000, and it’s now worth $400,000, florida land sale, .  Read more...