you will be subject to gift tax for the difference between the FMV and the sale price. As it stands now, gift tax in US has the same exemption amount as estate tax. So you don't save a penny, unfortunately. Note: FMV is Fair Market Value.
By selling the house for below the FMV
本帖於 2011-02-11 18:57:52 時間, 由超管 論壇管理 編輯
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Thanks for your reply
---Z---
♂
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02/11/2011 postreply
07:20:36