Macbookair
Registered User
- Messages
- 12
My parents are considering gifting me some land. I believe the threshold for gifting from parents to children is €250k? Is this correct?
Do I have to get the land valued for taxable value? The land is worth approx €80k. Do I need to keep keep paperwork on file of the value of the land at the time it was gifted to me?
Do I have to get the land valued for taxable value? The land is worth approx €80k. Do I need to keep keep paperwork on file of the value of the land at the time it was gifted to me?