What's the Best Way to Sell a House to Pay Tuition

[Berish Edelman]

Hey y'all. Finishing up on a flip and the plan is to use the proceeds to cover a good chunk of our kid's tuition bill. Trying to figure out the best way to set it up to avoid taxes as much as possible.

If we just give the house to the school, and then sell it 'for them' (obviously with a written agreement that our costs will be covered by the proceeds), with the profit counting against our tuition, does that help us maximize the amount of tuition we'd be paying off?

Thanks!