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I've heard this somewhere and I'm sure there's more to it. With enough money, I'd imagine it'd be worth it to figure out the details.

I've heard this somewhere and I'm sure there's more to it. With enough money, I'd imagine it'd be worth it to figure out the details.

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[–] • 2 pts

There was a 10k limit tax free on gifting per person per year,

It was $14k about 5 years ago. I know because I am very fortunate to have parents that set aside money to help me buy my first house and this was the top amount the mortgage people said I could be gifted without it being an issue with tax/credits/etc...

'#justWhitepeoplethings

[–] • 1 pt

It was about 15 years ago the last time I checked into this. Glad to see the Max went up.