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Why a Huffington Post Co-Founder Buys Extravagant Real Estate For Pretty Young Ladies
New York, 2:43 AM
Sun Nov 8
10 posts in the last 24 hours
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Why a Huffington Post Co-Founder Buys Extravagant Real Estate For Pretty Young Ladies |
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07/08/09
07/08/09
she's a real expert on lindsay lohan.
07/08/09
07/08/09
Saleswoman: "They never are, dear."
07/08/09
I'm not a real uncle, as far as I know.
07/08/09
if their uncle fronted all or part of the money for the apartment WITHOUT taking an ownership interest in the apartment which reflected the pro rata share of the purchas price paid by him THEN it qualifies as a gift under federal and state tax law and has to be taxed
(any gift to a relative worth more than $10,000 per year gets taxed under the "gift tax" unless it is to pay for schooling or medical care)
I'm going to email the IRS right away to find out what is really going on. If this guy and his neices are trying to skirt the gift tax law they all belong in jail.
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