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25 April 2018 | 4 replies
As far as down payment, you can deposit to your bank account or give it to your friends/relatives who need cash and they would write you a check ( i believe every person can gift up to $13k a year).
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7 June 2014 | 0 replies
The way he breaks things down in lamest terms is a true gift that a lot of "coaches/mentors" do not possess.
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14 July 2014 | 8 replies
Nice "gift" for them and helped me justify a rent increase as well.
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21 July 2016 | 14 replies
Everything from high end laser inlay fountain pens to "daily-driver" twist pens to corporate gifts.
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8 September 2017 | 3 replies
While they were there getting the crib parts they removed a ceiling fan (they claim they put it up; there was a spare light fixture so I mostly believe them) and at some point left a gift one of the toilets (I had already been by to turn the water off because it sounded like that one was leaking) that I did not discover until after I had replaced the leaking valve in the tank.
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2 August 2017 | 5 replies
However, depending on their Net worth - they may be required to pay an estate tax.The wealthy use trusts for various reasons.One reason is to decrease the tax liability of the "estate tax".The wealthy are required to pay an estate tax if their net worth(or gifting during their life) is above a certain threshold at passing(5.45Million in 2016) .The wealthy do this by transferring assets to a trust and only including in their estate the value of the assets transferred to the trust at the date of transfer.Example. if your parents transferred 5.45 million dollars of assets to a trust and the value of the assets increased to 10million; they would only include the 5.45 in the estate tax calculation.You need to make sure the trust is set up as an irrevocable trust(contact a lawyer on the type of trust that needs to be set up).Another talking point is that assets in a trust are at the discretion of the trustee until the assets are transferred to the beneficiary.
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20 April 2016 | 5 replies
Unless you have a gifted instructor, taking the course in a classroom is a waste of time because he/she basically just reads out of the book.
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18 May 2019 | 5 replies
If you did a partial sale/partial gift purchase of a business from your parent and the purchased and gifted portions were discounted( lack of marketability and lack or control discounts).....
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29 August 2019 | 15 replies
They were gifted pets.