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Old 08-21-2005, 10:39 AM
KaneKungFu123 KaneKungFu123 is offline
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Join Date: Feb 2005
Posts: 1,026
Default paying off my parent\'s mortgage..help needed

its currently at 50k left on their mortgage. Can i jsut write them a check for 50k or will this incur 'gift tax'? please help.
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