My question involves vehicle registration or title in the Socialist State of: Washington State
Will gifting a $14,000 car to someone raise eyebrows is the State of Washington ?
What are the rules for gifting vehicles in Washington State ? Someone wants to gift me a car that is worth $14,000 and who is the original owner, and has owned it for 8 years.
What are the tax implications ? Anyway to run afoul of the law here ? IE What would constituent fraud on the state - the RCW seem knda ambiguous ? thank you