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With regard to the current $13K annual limit on tax-free gifts to an individual.

If the gift is in the form of equity in a real estate sales transaction, and totals $26K given to a husband and wife as coowners, does this action comply with the $13K limitper individual?

Similarly, if I make a gift of $26K in cash in the form of a check payable to two individuals would this action comply?

Thanks for any assistance rendered.

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