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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
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- Re: RELATED PARTY SALE.
RELATED PARTY SALE.
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michele
Level 7
09-17-2024
07:18 PM
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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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qbteachmt
Level 15
09-18-2024
11:24 AM
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Look into "gift of equity."
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