Receiving large (over 10k under 100k) sums of money in US from family members in Paksitan
Say parents or family members sell house or property and loan/gift money to their adult children in US to buy house in US or pay off cosumer loans, what are the things to be aware in the post 9/11 world.
Amount could over US $10k. Is wire transfer a safe option?
Any reporting requirements for tax purposes?
Need some guidance on this subject, would appreciate if you could share your experiences in this regard. Thank you
Say parents or family members sell house or property and loan/gift money to their adult children in US to buy house in US or pay off cosumer loans, what are the things to be aware in the post 9/11 world.
Amount could over US $10k. Is wire transfer a safe option?
Any reporting requirements for tax purposes?
Need some guidance on this subject, would appreciate if you could share your experiences in this regard. Thank you
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