If this sounds like Tin Foil Hatism, the proof is in the pudding:Developer with ties to Cuomo gets $2M tax break amid bailouthttps://nypost.com/2017/07/04/...STATE FINES DEVELOPERS FOR THEIR ‘GIFTS’ TO MAYOR DE BLASIOhttps://thecity.nyc/2019/09/st...Developer paid de Blasio-linked lobbyist, lawyers for East Village petitionhttps://nypost.com/2020/01/14/...Kiryas Joel-based developer is Cuomo’s top donor this yearhttps://therealdeal.com/2015/0...

If they sell the house now, it would be tax free because they live there for years and the gain doesn't exceed the limit.The question is, if they gift the house to me today while the house is worth 300k.

I like giving Longhorns e-gift certificates, myself.

Normally how this would play out is that you would be buying the house and your aunt/uncle would co-sign for you and then gift you the $ you need.

Should keep them happy and limit the amount of parting gifts they take on the way out.

The additional relief under IRS Notice 2020-23 affects many other tax returns, including Estate Tax Returns, Gift Tax Returns, Private Foundation returns, etc.

Oh, and about recent deposits- depends on the bank, but if they pick up on the big deposit you can get a letter from your parents saying it was a gift to pay towards the house (which sounds like the truth in your situation if they’re not requiring payment).

Can you think of anyone besides your family and friends for whom you might purchase something as a gift?

I give them a gift of money AFTER they pay their rent to help with their struggles.3 of my tenants are giving birth within the next 2 months.

You will get to showcase your skills as a competent landlord who cares about the property.If you think this will work for you, give your resident a call and do the following: Explain your concerns for their health, your health, and letting strangers into the rental unit Explain that you can give unlimited tours moving forward without having to displace them or put them at risk Offer them a convenient time and date to come in to shoot a virtual tour on your mobile phone (2 to 4 minutes) Thank them, and make give them a gift card for $20 to $30 dollars Open up a YouTube Account Post the video with contact information and links to your Rental Application Interested renters will send in the rental application Screen and start the selection process With a service like Venmo, or PayPal, accept a holding depositSign the lease and start collecting rent