I got Rich Dad Poor Dad on audio as a gift before I ever bought the book (used :D ).

Let me know if there are any further questions on gifts or partial gifts of real estate.Jim WoottonTrustee of American Community Fund

While it's true you can't borrow money for a deposit you could receive a gift from a family member.

Today, even with gift funds they want to see that the gifter had the funds in a bank account for a length of time.

.-- I don't believe my buying out the siblings raises the cost basis since, as I understand, the house stays in the same taxation position as the person who is "gifting" the duplex.

Is it better to pay with a gift card?

That turned out to be a huge gift you gave your sister, Mark.

It would be nice to offer a little gift of some sort.

HI Jon, the seller credit can only be used for non reoccurring and reoccurring closing costs and cannot be used to offset the down payment of 5% down so the borrower has to bring in their own money either documented from their own funds or by gift.

If you are getting fair market value and there are no excessive marketing costs involved why look a gift horse in the mouth.