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Is the market value of the rent considered a gift that must be declared if it exceeds the annual exclusion? Do the same rules apply if you just let them live in your home?

Is anything deductible in this scenario?

In Texas/US, no state income tax.

Thanks



Submitted October 03, 2020 at 07:01PM by robb0995 https://ift.tt/3jvopef

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