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I want to move to Florida to be near my grandchildren. My daughter wants me to build a $150,000 addition to her house. Should I do it?

Por: MarketWatch Politics November 08, 2022

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My daughter suggested we build an addition to her house and use it whenever we visit or live there, if we ever decide to move to Florida.  I’m willing to pay for the addition, but am not sure if the $100,000 to $150,000 would be considered as a gift that my daughter and her husband will have to report to the Internal Revenue Service, and pay taxes on.  Also, though I don’t foresee the marriage falling apart. What if it did — and if so,... + full article



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