@businesswithnoah: Make sure you know this if you’re ever going to inherit money 💰✅

Noah Kettle
Noah Kettle
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Region: US
Sunday 08 January 2023 21:41:59 GMT
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nemesis926
Jose Nemes :
Sell for $1. Easier than anything you said.
2023-01-10 13:55:23
1435
adimichele81
Aaron.the.side.of.caution :
How many times do we need to pay taxes on the same damn thing???!
2023-01-13 19:12:38
366
zezmotionzlezz
Reyes Cisneros :
just let them drive it without putting it to their name
2023-01-10 09:42:42
63
jsmith4281
Josh :
Or you could just sell it to him for a $1 no matter the cost of the car.
2023-01-10 06:07:32
10
nwalzer
nwalzer :
When my dad was “selling me” his car the DMV person told me specifically to fill out my forms differently so I wouldn’t have to pay taxes on it
2023-01-13 14:11:24
118
joecosta23
Joe Costa :
I don't know about other states but in Massachusetts you do not need to pay taxes if you use a gifting form
2023-01-13 20:36:15
10
theslowestsol
theslowestsol :
Lady in California did this for my wife and just said ohh you are just changing the name on the title, $15 for a new title 🤣
2023-01-13 18:48:52
18
brennan_91201
Brennan :
Florida has gift tax 😭 but it’s normally only 100–200 bucks
2023-01-13 15:41:58
3
ariiiya.c
Ariya🪷 :
depending on state
2023-01-11 11:42:25
4
hoemama21
J :
"Car is worth $100"
2023-01-12 00:36:58
3
jpc_mark2
John Crippen :
isn't the 15k federal, not state DMV? I think those are 2 different issues
2023-01-13 17:18:55
5
gatsportceo
CHAZ GÜNNER :
What's up with the wig?
2023-01-15 10:18:25
5
timtutle
Molly’s adventures 77 :
Unless ur in ny then they hit u when reg it
2023-01-13 12:28:10
2
bruinette976
bruinette976 :
thought gifts were 10,000.
2023-01-13 15:33:47
2
iluvmenaughty
Lu Rk Er :
I thought it was 10k though
2023-01-14 09:23:59
2
tiffyjd
Tiffyjd :
U can gift up to $17k
2023-01-16 20:05:24
3
nickthatkid666
NickThatKid :
within the last 8 months, I've been "gifted" 4 motorcycles, and 3 trucks. never any taxes.
2023-01-14 14:12:28
1
taha.slmn
taha.slmn :
why you gotta pay taxes on stuff like this😂
2023-01-13 20:12:23
1
user1060733468184
user1060733468184 :
I’ve been saying a buck for 30 yrs, if they get smart a cent. Doesn’t matter the value just the sale
2023-01-14 13:45:46
1
lpx.px
Luca :
Isn’t it 10k?
2023-01-08 22:35:01
1
myrealnameisjo3
Joe :
I love how they call it a transfer of assets but insurance calls it a liability
2023-01-14 06:03:25
1
jerry_drever
jerry_drever :
I transferred title from my name to my business name and had to pay taxes on the value 🙄
2023-01-15 15:54:52
1
ipareidolia
ipareidolia :
Damn. My car is still worth over 20k and it’s almost paid off and will be transferred. Pay the difference in taxes?
2023-01-11 11:12:52
1
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