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.
In 2014, you can give a lifetime total of $5.34 million in taxable gifts (that exceed the annual tax-free limit) without triggering the gift tax. Beyond the $5.34 million level, you would actually have to pay the gift tax.ifts subject to the gift tax. The following gifts are considered to be taxable gifts when they exceed the annual gift exclusion amount of $14,000 in 2014. Remember, taxable gifts count as part of the $5.34 million in 2014 you are allowed to give away during your lifetime, before you must pay the gift tax.