Originally Posted by
NYBanker
Even if you did outright gift it to someone, there is an annual $12,000 gift exemption.
And in addition an unlimited gift exemption between spouses thanks to unlimited marital deduction
Originally Posted by
NYBanker
There are so many reasons why this is not a "problem. Anyone thinking there is a tax issue is woefully uninformed. You might want to find a new accountant.
Very true