#gift-tax
#gift-tax

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Can You Sell a House for $1? What To Know Before You Try

Selling a house for $1 is legally possible between family members but requires attention to local rules, gift tax consequences, and lender or IRS scrutiny.

Real estate

fromSFGATE

2 months ago

This New England State Is the Only Place in the U.S. Where You'll Pay an Extra Tax for Giving Your House Away

Gifting property can result in unexpected tax consequences, including federal and state gift taxes.

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#gift-tax#gift-tax

Can You Sell a House for $1? What To Know Before You Try

This New England State Is the Only Place in the U.S. Where You'll Pay an Extra Tax for Giving Your House Away

#gift-tax
#gift-tax