Happy 16th birthday! I’m giving you my old car. Thanks, mom. Let’s go transfer the title to my name. Hold on. Now. This car is worth $15,000. And so you’ll have to pay over $1,000 in taxes. What? But I’m a 16 year old kid. Don’t worry, I know a way to avoid the tax. When you go to the DMV, we need to write gift as the purchase price for the title application. Why? Since I’m giving it to a family member and the value is under $18,000, we won’t have to pay any tax. Dad, you’re a genius. They need to teach this in school. Don’t worry, I got you. Click follow if you want to build your wall. Thanks, dad.