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Author: Bob78164 Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121144  
Subject: Real estate purchased before the wedding Date: 1/29/2000 5:12 PM
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A gift tax question: A friend and his then-fiancee bought a house (in California) in the spring of 1998. My friend supplied the entire $30,000 down payment, and they took title as joint tenants. The wedding went forward as planned about seven weeks later. Should my friend have reported half of the down payment as a gift to the woman who is now his wife? --Bob
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