The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Amateur legal opinions requested Date:  6/24/2012  3:35 PM
Author:  vkg Number:  116335 of 124775

Finally, I would only note that while the gift tax does apply, it's irrelevant (except for paperwork), given that the house is "manufactured", sits in what used to be called "a trailer park", and isn't worth much anyway.

The look back period is now 5 years.

Legal advice could still help minimize the damage, but those who are determined not to pay won't listen.
Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us