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Thomas McJD
Thomas McJD, Attorney
Category: Estate Law
Satisfied Customers: 3170
Experience:  Wills, Trusts, Probate & other Estate Matters
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I want to invest in real estate but I am on welfare now have

Customer Question

I want to invest in real estate but I am on welfare now have no money so I need my father to send me money for investment from china.will I have any problem with IRS later on with proof of funds
Submitted: 1 year ago.
Category: Estate Law
Expert:  Richard replied 1 year ago.

Good evening. My name is ***** ***** I look forward to helping you.

Can you specifically tell me what concerns you about your dad providing you money? Are you worried about this resulting in a gift tax to you or your dad? Thanks.