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Gifting to children

My daughter, who is not married, has just agreed to purchase a condo. The purchase price agreed to with the seller is $210,000.00. I'm looking to gift her the full amount of the purchase price. It is my understanding that from her perspective she will not have to pay any taxes on the gift. From my perspective I will have to file a 'gift tax form' with the IRS indicating that this gift will go toward my lifetime gift exemption but that I will not have to pay any taxes either.

Am I correct?  

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