• 116 - Gift Taxes and Understanding a Gift of Equity

  • 2024/07/19
  • 再生時間: 9 分
  • ポッドキャスト

116 - Gift Taxes and Understanding a Gift of Equity

  • サマリー

  • In this episode, I explain the concept of gifting equity, particularly in real estate scenarios, and the associated gift tax implications. I walk through a scenario where parents sell a house to their children at a lower price, discussing the need for a gift letter and the $17,000 annual gift tax exemption. No action requested, just valuable insights on gifting equity and tax considerations.

    Thank you for listening to another episode of the Wealth Game Podcast.

    The goal is to get informal yet actionable advice directly to business owners and investors.

    The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.

    For topic suggestions, questions to cover, or collaboration requests please email admin@wealthgame.io.

    For additional information and links to all available platforms please visit our website at www.wealthgame.io

    Contact Us:

    Website: https://links.wealthgame.io

    Connect with Brent Bement:

    LinkedIn: www.linkedin.com/in/brentbement

    TikTok: www.tiktok.com/@brent_bement

    Twitter: www.twitter.com/WealthGamePod

    Threads: www.threads.net/@brentbement

    Instagram: www.instagram.com/wealthgame.io

    Facebook: www.facebook.com/wealthgamepodcast

    YouTube: www.youtube.com/channel/UCigDe1NmrAVG0jeG-6q1Rig

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あらすじ・解説

In this episode, I explain the concept of gifting equity, particularly in real estate scenarios, and the associated gift tax implications. I walk through a scenario where parents sell a house to their children at a lower price, discussing the need for a gift letter and the $17,000 annual gift tax exemption. No action requested, just valuable insights on gifting equity and tax considerations.

Thank you for listening to another episode of the Wealth Game Podcast.

The goal is to get informal yet actionable advice directly to business owners and investors.

The episodes are intended to be short and simple to allow busy professionals to get right to the point of growing their wealth and reducing their taxes.

For topic suggestions, questions to cover, or collaboration requests please email admin@wealthgame.io.

For additional information and links to all available platforms please visit our website at www.wealthgame.io

Contact Us:

Website: https://links.wealthgame.io

Connect with Brent Bement:

LinkedIn: www.linkedin.com/in/brentbement

TikTok: www.tiktok.com/@brent_bement

Twitter: www.twitter.com/WealthGamePod

Threads: www.threads.net/@brentbement

Instagram: www.instagram.com/wealthgame.io

Facebook: www.facebook.com/wealthgamepodcast

YouTube: www.youtube.com/channel/UCigDe1NmrAVG0jeG-6q1Rig

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