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Mom wants to give daughter home; daughter wants tax answers (access required)

By Benny Kass
Published: November 8, 2012
Time posted: 9:14 pm
DEAR BENNY: My mom no longer wants the responsibility of homeownership. She no longer wants her 3,000-square-foot home and is willing to give it to me, as a gift, if I move in and care for her. If she transfers the title into my name, how will this impact my taxes? Or her taxes? Can she gift ...



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