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Giving home comes with many tax complications (access required)

By Benny Kass
Published: November 29, 2011
Time posted: 11:40 pm
DEAR BENNY: What are the tax complications, if any, on giving my home to my brother as a gift? --Ed DEAR ED: There are several potential complications, for both you and possibly your brother. Let's take you first. If the house is valued at more than $13,000, you will have to file a gift tax return. No tax ...



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