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Updated almost 4 years ago on . Most recent reply

Vinh Nguyen's profile image
Vinh Nguyen's profile image
Vinh Nguyen
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since Oct 26, 2020
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Vinh Nguyen's profile image
Vinh Nguyen's profile image
Vinh Nguyen
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since Oct 26, 2020
Connect
Vinh Nguyen
  • Rental Property Investor
  • Philadelphia, PA
23
Votes |
83
Posts
Off Topic

How to receive $$ from family w/o getting taxed?

Vinh Nguyen
  • Rental Property Investor
  • Philadelphia, PA
Posted

Hi, my friend just received a fund from his brother for $150,000 and he said he didn’t get taxed. My friend doesn’t know how his brother did it.

I thought the understanding was people get taxed for gifts over $15,000?

Is there another way? TIA!

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