My Dad Is Giving Me His Property

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Information My Dad Is Giving Me His Property

Title	:	My Dad Is Giving Me His Property
Lasting	:	6.01
Date of publication	:
Views	:	128 rb

VA loan only allows 1 home loan
Comment from : Lydia Clark

Its all indigenous None of it belongs to whites You stole it by genocide and God is killing you all for your karma
Comment from : Jakari Bey

What can i do when a sibling moves into a 1st floor apt of a 2 family brhome and doesn't want to pay rent ,not even utilities and just basically brliving rent free Even though she owns 1 /5 of the home The will disappeared , so we just got my nephew as the fudicary from surrogate court Now we decided not to sell and put deed in all five sibling names Also how can we protect each other from neither taking a loan or taking money from estae account ?
Comment from : Janet Diaz De Valentin

Dave is so rude Bubba what a Archy Bunker
Comment from : Truth Seeker

Taxation is theft!! These governments r the devil!!!!!!!!!
Comment from : Buggu

What happens if the new owner has liens against them?brWill the owners on the deed by liable?
Comment from : Mobile Communications Network

Recently my father willed his house over to me it has a reverse mortage on it ? its a quit clame did ,transaction what is involved with this as far as taxes and other types of fees
Comment from : william peak

Canada has no gift tax, so you can give as much money as you want to your children
Comment from : Clarifying Questions

I wonder how ungrateful people can be Her dad is giving her all his hard earned money and she is calling around and asking about her liabilities He knows things for sure He just want to pass on money before he dies All I can understand is that she is dumb and this bald guy is over reactive
Comment from : Semek D

It’s uncomfortable when he uses that degrading “Bubba” tone as he refers to her father 😟
Comment from : tmUSA

wrong/incomplete information Mr Ramsey feel bad for the lady being freaked out and talked down by him
Comment from : Hoang Vo

Beneficiary
Comment from : Sg

There should not be gift taxes between parents and children, siblings and grandparents and grandchildren
Comment from : Hiram Bright

My mother left me a house and I could not take possession of it till she passes away I did not pay the taxes on it my brother-in-law bought the house through foreclosure would it be appropriate for me to sell my signature on the quick claim deed to him
Comment from : Beth Schoefter

What about the the lifetime gift tax exclusion?
Comment from : Pickles432 Noname

this lady needs to get her name off of anything her father wants her to do he is not doing this to be nice, he is trying to get out from under to move ondumping on your family
Comment from : cecilia preziose

Still time to take this video down sir! Not only are you providing incorrect information, your rude!
Comment from : amos922

If an unmarried parent/principal owns a house & signs it over to a child/agent via “Durable power of attorney” in which the parent stipulated therein 👉🏾”in the event of my total incapacitation &/or demise my son John Doe shall continue to maintain total power control & /or possession of any & all properties belonging to me as though it was his own & to distribute same accordingly within his own sound discretionsaid agent shall also make gifts exceeding the amount of $500” would this qualify as a trust or form of will for the purpose of gifting the house without having to pay the 50 or 55 federal gift tax for the child/agent to immediately receive the house as a gift?
Comment from : KING IDRIS

Does This Count In The Greatest State Of Florida "NO GIFT TAX" HERE!
Comment from : OrishangO !

A will? Ramsey is an idiot You use trusts Not a will
Comment from : Jason Smith

I think you guys are conflating gift tax and estate tax Gift tax IS subject to a gift tax for amounts over the annual $15k exclusion, I just looked it up on the IRS website But you have to wait for someone to die before the estate tax rules and exclusions, which are considerably more than $14k, kick in Ramsey was talking about 'stepped up basis' but that doesn't apply if the value of the estate is under $114million per dead person (married couple can give away $228million on their death)
Comment from : Scott Prost-Domasky

What is needed to buy dads land And put a houses their
Comment from : Brandon Braud

Cost basis !!!
Comment from : dks13827

The father probably just doesn't want to pay investment property rates for the new home so he's quitclaim deeding his primary residence to his daughter and getting a VA loan on the new house at the primary residence rate
Comment from : The General

Papa Dave wrong again
Comment from : Mouwly Lee

WOW I learned something today 🙏💙
Comment from : IT’S DEWgan

Survivorship deed in the will
Comment from : NoOne

my mother law hold my house papers like the deed but we built it with cash money now my husband wants me to work sorry I'm not working for her to own my home amen
Comment from : Delma Hall

my husband has done this lol
Comment from : Delma Hall

Dave, your completely wrong about the gift tax Kevin Watts commented below has it 100 right
Comment from : John

Ofcourse she wants the house Otherwise she wouldnt be calling
Comment from : James Bond

Usually people talk down others, call their actions stupid usually stupid people
Comment from : CACTUZ PODCAST

There’s gift tax?!!
Comment from : c4arla

My aunt had a $90k reverse mortgage on her home that was built in the 50s, she left no written will but expected me to keep the house in the family - she had no husband or kids She suddenly died, our extended fam wouldn't help clear out the place so the mortgage co auctioned it off with everything still inside Where do you store 96 yrs of stuff???
Comment from : behindthethrone

Arizona has a Beneficiary Deed, upon your death title slides to the new owner(it's on the deed)br I want to buy a second home, USDA will only finance for a primary residencebrQuit claim (for the sum of $10 and considerations) to someone as sole and separate property (community property states)
Comment from : A Olvaar

Dave Ramsey DOES NOT understand gift tax laws and estate tax laws
Comment from : Coach Me

Ramsey isn't entirely correct here You're exempt from any gift tax unless your total lifetime gifts exceed $114 million
Comment from : Brett Cook

I know just complaining about it does no good, but it's still true that any kind of tax like this is a spiteful attack authorized by socialist elites who want us to be property ourselves Gift taxes, inheritance taxes, property taxes are all hateful attacks on individual freedom
Comment from : W K

Uncle Dave you are brilliant 🤔
Comment from : 🦴dinoxboxe🦴

There is a $549 million life time exemption for estate/gift taxes for 2017 His dad will only have to file a gift tax return form 709 (informational) The value of the house will reduce the lifetime exemption of $549M His dad will only pay tax is the value of the total gifts exceeds $549M
Comment from : Mani Gill

Wrong again Dave
Comment from : 24

If you can't give it away it's not yours
Comment from : John Doe

In my country, gift tax does not apply if a parent gives something of value to its child Not sure how it is in the US though
Comment from : Teitur Bendtsen

This father is obviously trying to do the best for his daughter Don’t call him stupid He needs guidance sure but he obviously has a good heart
Comment from : Holly Hocks

Did anyone mention that if he needs to go on Medicaid, or Medical in California Medicaid will look back 5 years and this would prevent him from being eligible for benefits
Comment from : Mary Carricaburu

We shouldn't have to worry about taxes if we are doing business with family Just our tyrannical government overreaching in our lives We should only be taxed on roads and items we choose to buy Our government is way too big Taxation without representation is theft
Comment from : Derek Bedford

If he wants do not give it to her sell it for $100
Comment from : Simon Maguire

I will inherit money from my wealthy mom in the form of a trust I am on SS Disability & live in unsafe, broken down low income housing due to neurological disorders & mental illness The trust will go to a trustee At his death the trust goes to my brother & sister as trustees My brother & sister have told me not to contact them or my Mom again I don't believe I will ever be approved to get any of that trust money I currently have no transportation to get prescriptions or groceries My Mental Health Therapist & Psychiatrist can't help me The social workers at the local hospital can't help me What can I do if I do get any of that trust money, so not to lose my Disability or Food Stamps? Thank you
Comment from : Terri Lynch

Not sure if the personal insults are necessary
Comment from : Blake Bowden

Taxation is theft
Comment from : DavinR16

Makes me glad I was disinherited LOL
Comment from : ZeroVideos

Dave the 14k requirement is just that you have to report it to IRS no gift tax unless he gives over 55 million in his lifetime to one person come on man
Comment from : Kevin Watts

Wouldn't the caller also be liable for gift tax based on the fact that she was gifted half the house?
Comment from : ASimoneau

I love Dave and all but he's talking about the lady's dad! It's one thing to be honest but it's another to be disrespectful!
Comment from : Sherri Harmond

A quit claim deed is transfer-tax free when you deed it from family to family Not sure what exactly dude is talking about
Comment from : Cameron Condo