If you want to leave American real estate to your children, how can you send it to pay less taxes?

Now more and more parents want to give their children some property to study abroad. So how can immigrants transfer American real estate to their children, but they can pay less taxes?

There are two main ways to send a house to a child:

First of all, gifts.

Second, inheritance.

Gift tax and inheritance tax are paid by the sender.

If the property is given to the children by parents before their death, then when they sell it, they have to pay a certain tax because of the profit.

If parents spend $6,543,800 to buy a house and give it to their children, the children will sell the house to others and get $500,000. At this point, the children will have to pay taxes for the money. If this property is inherited after the death of parents, the actual profit amount should be deducted from the current price after the sale, and tax returns should be made.

Besides inheritance and gift, there is also trust. Trust is to entrust the house to children, and parents will continue to hold the property rights of the house. Therefore, parents can choose to continue living in the house, and their children have no right to occupy the house.