because your 570,000 is a gift as far as IRS is concern. There are
thousands real estate lawyers and they have been working for so many
years, do you think they are all stupid?
~30% of 570000 gift tax for seller
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• The seller doesn't need to pay gift tax on $570,000 -handy- ♀ (268 bytes) () 04/01/2006 postreply 09:45:39