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Financial Planning / Tax Strategies


Subject:  Re: Buying Second House for Parents Date:  10/22/2013  4:02 PM
Author:  JAFO31 Number:  119389 of 123001


<<<but if you own the house and your parents live ther without paying rent (or below free market rent), consider whether there is potential gift tax issue lurking in the weeds.>>>

"Hadn't thought of that, but seem to have an answer here.