Y
Hacker News
new
|
ask
|
show
|
jobs
by
tamana
3560 days ago
There is no gift tax burden (except a little paperwork) on the first $5 million of lifetime gifting. Plenty for a house down payment.
1 comments
WillPostForFood
3560 days ago
There is a burden in that the $5 million lowers your estate tax exemption. Whereas you can give $14k a year with no tax impact.
link