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- Re: RELATED PARTY SALE.
RELATED PARTY SALE.
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michele
Level 7
a week ago
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Client wants to sale her home for $50,000 has a market value of $350,000. She actually has $56,000 in it. Can I get by with just doing a gift tax return on this or with it being a related party should she be owing.
thx
Michele
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2 Comments 2
qbteachmt
Level 15
a week ago
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Look into "gift of equity."
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"Level Up" is a gaming function, not a real life function.
