23 Jan
2010
23 Jan
'10
8:17 p.m.
blstuart at bellsouth.net wrote:
One last thing. If you do transfer the title that way and
it's not to a spouse, be prepared to pay gift taxes on it.
I think the limit before gift taxes kick in is $10K per
recipient per year. Of course, keeping this on topic, if
you have so much classic computer equipment that $10K
per year won't get it all distributed, then I'll be glad to
take $10K in computers per year off your hands. Can
we start with a Straight-8? :)
Only if the bills are dated 1969 or less. :)
BLS