Arturo is a citizen and resident of Argentina. Attracted by the low prices due to the housing
Question:
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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a For NRAs any gifts of properties other than intangi...View the full answer
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Related Book For 
South Western Federal Taxation 2016 Corporations Partnerships Estates And Trusts
ISBN: 9781305399884
39th Edition
Authors: James Boyd, William Hoffman, Raabe, David Maloney, Young
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