Is there any tax consequent when a non us citizen, reside in other country, want to give her only property to us citizen?

Asked over 1 year ago - Pittsburg, CA

My name is Hengki, I am a US citizen. My very close and childhood friend, Josy, bought a property in Pittsburg, California. Up to now, I live in that property. She herself is not a US citizen or green card holder. She reside in other country. She want to make property gift deed to me. Is there any tax consequent? Where I can get help to make the deed? thank you

Attorney answers (4)

  1. J Charles Ferrari

    Contributor Level 20

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    Answered . This is a tax question, not an immigration one even though placed in the immigration practice area and tagged as an immigration question. I am therefore changing the practice area and deleting the tag.

    J Charles Ferrari Eng & Nishimura 213.622.2255 The statement above is general in nature and does not... more
  2. Tripti Sharad Sharma

    Pro

    Contributor Level 20

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    Answered . I agree with my colleagues.

    This response is general in nature and cannot be construed as legal advice, given that not enough facts are known.... more
  3. Stephen D. Berman

    Contributor Level 20

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    Answered . You should contact an accountant with that question.

    The above is intended only as general information, and does not constitute legal advice. You must speak with an... more
  4. Todd Matthew Heine

    Contributor Level 13

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    Answered . You will likely have some tax consequences. The gift is real property in the US from a non-resident and non-citizen. If you dig through the IRS's Code, you will likely find the provisions on taxation of gifts of US real property. If you need help finding those provisions, get in touch with a CPA or tax attorney.

    Total Mobility Law is an international law firm that lets companies do global business with the knowledge and... more

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