Real Estate—Outright Gift
How It Works
- Transfer title of property to Goldie Floberg
- Receive income-tax deduction for fair-market value of property
- Goldie Flobergr may use or sell the property
Benefits
- Income-tax deduction for fair-market value of property based on qualified appraisal
- Avoid capital-gain tax on appreciation in value of the real estate
- Relieved of details of selling property
- Significant gift to Goldie Floberg
More Information
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Laura Wilkinson |
Goldie Floberg |
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