When an object acts as a source of radiation, it is said to emit radiation. When radiation from another source interacts with matter, the matter is said to absorb radiation. Examples of light-emitting objects include the Sun, a red-hot iron bar, and the hot tungsten filament of an electric light bulb.
Type of Loan. The amount of your down payment that can be gifted depends on the type of loan youâre getting. Unless the gift youâre getting will be at least 20 percent of the homeâs value, many lenders will require you to provide at least a 5 percent down payment from your own funds.For example, if you're buying a $200,000 home, you will have to put down at least $10,000 of your own money.Any gifts you receive just add on to that down payment. Government-insured FHA loans, on the other hand, allow a third party to gift 100 percent of the down payment.or example, if you're buying a $200,000 home, you will have to put down at least $10,000 of your own money. Any gifts you receive just add on to that down payment. Government-insured FHA loans, on the other hand, allow a third party to gift 100 percent of the down payment.
1 The annual gift tax exclusion amount is $14,000 for 2015. 2  In other words, you can give $14,000 or $14,000 worth of property to as many people as you want in a year's time, without needing to file a gift tax return in order to report the gift to the IRS. Any taxable money you gift an heir during your lifetime will count toward the estate that you leave them upon your death. 2  For example, if you give your child $200,000 each year for ten years for a total of ten years, and upon death leave them 5 million, your total gift will have a value of $7 million for tax purposes.