Question: Arturo is a citizen and resident of Argentina Attracted by

Arturo is a citizen and resident of Argentina. Attracted by the low prices due to the housing slump, Arturo buys developed real estate in various locations within the United States. What are the U.S. transfer tax consequences if Arturo:
a. Makes gifts of the properties to his children during his lifetime?
b. Dies and passes the properties to his children?

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  • CreatedSeptember 09, 2015
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