Recent content by Santi19

Thank you!

You are great! Thank you. I am going to use the money to open a small business, and would like them to have 5% of my profits for the rest of their lives. Tax wise, would it be better to receive the money as an investment? Would they have file at this if i received the money this way?

Thanks you so much for that info. So theoretically, my parents could give my wife and I up to 58,000 without having to report it as a gift?