Posted on: 14th Sep, 2010 01:33 pm
I am giving a car to my brother and he is paying me $16,000. I want to write him a letter because if I do in RI you do not have to pay sales tax on a gift. How do I write it. Do I include the amount he is giving me or not. Please help.
Hi vitti,
You can check out the given page in order to know how you can write a gift letter:
http://www.mortgagefit.com/gift-letter.html
Thanks
You can check out the given page in order to know how you can write a gift letter:
http://www.mortgagefit.com/gift-letter.html
Thanks