Do I have to pay duty when gifting real estate?
As a general rule, a 9% or 18% gift duty must be paid after gifting real estate, but there are very important exemptions from duty. When is gifting tax-free? Between direct relatives: (parent-child, grandparent-grandchild), gifting is completely tax-free, regardless of the value. Between spouses: gifting between each other is also tax-free. Between siblings: gifting is…