Posted on: 17th Sep, 2012 04:56 pm
My exhusband nephews name is on the quitclaim and security deed is he responsible for paying a gift deed go the
Hi Sammie!
Welcome to forums!
If the nephew gifts the property to someone else, then he will be liable for paying the gift tax provided the gift amount exceeds the exemption limit.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If the nephew gifts the property to someone else, then he will be liable for paying the gift tax provided the gift amount exceeds the exemption limit.
Feel free to ask if you've further queries.
Sussane
Hello Sammie,
Best thing you should do is put in simple terms, you may not actually get the property, but you will make money on your investment. In a majority of cases, the right to redeem is exercised by taxpayers.
:idea:
Best thing you should do is put in simple terms, you may not actually get the property, but you will make money on your investment. In a majority of cases, the right to redeem is exercised by taxpayers.
:idea:
