How to sell co-owned property if one owner does not want to sell.
- October 29th, 2015
- David Greene
- Comments Off on How to sell co-owned property if one owner does not want to sell.
The law provides a way out of this common dilemma that usually arises following an inheritance by several siblings. One or more want to sell and get the money while the others want to keep the property. It is called…
When does one have to pay gift tax?
- October 12th, 2015
- David Greene
- Comments Off on When does one have to pay gift tax?
One who is the recipient of a monetary gift does not pay the gift tax on the money received. The donor pays the tax. However, anyone can give a monetary gift of up to $14,000 per year without having to…