Quote:
Originally Posted by SR Only
Okay I didn't know you were covering tax implications. Yes, I bet it could be read as "income." But IANAL, and maybe one of the Diamonds or Tuxes practices tax law and could give an opinion.
Since I am not a mod nor do I play one on TV, but I am the original poster: Hey altcomedy and SydneyB no more coffee for you two!  Chill! |
Syd & I should both probably take it easy on the hi-caf stuff
As for the house -- it is either income or a gift....if it is a gift he pays (at a very high gift tax rate)...if income, she pays......
