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You are an adult. Your parents pay your rent while you are in school. Does the rent payment constitute a gift? No , because it's
You are an adult. Your parents pay your rent while you are in school. Does the rent payment
constitute a gift?
No because it's for educational purposes and therefore a qualified transfer.
Yes, because they are giving you something for free.
No as long as they pay the rent directly to the landlord.
Yes, because you could get a job and pay your own rent.
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