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19 April 2017 | 5 replies
If only Brandon is on the title, he would have to pay a gift tax to give her the house, right?
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12 April 2017 | 23 replies
Renovation takes time, hurts occupancy, and if certain things (like kitchen cabinets) are in the middle of their life there's no need to look a gift horse in the mouth.
19 May 2017 | 4 replies
Assuming you have something to spend them on, gift cards are as good as money.
6 May 2015 | 7 replies
Possibly it is UGMA account (Uniform Gift to Minors Act).
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30 August 2015 | 1 reply
He mentioned doing a gift deal but at only $10k per person I need to find plenty of family members to do me a favor and I'm very uncomfortable to ask.
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13 October 2021 | 2 replies
Given that the house costs about 60K, and "looking on it from the side" may seems like a big gift/present (which it isn't)I'd appreciate any advice!
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16 January 2022 | 5 replies
And as you know, for investment properties you are not allowed to use borrowed or gifted money as a down payment.
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7 November 2012 | 2 replies
Have you talked to him about his relatives that may be able to gift him the rest of the downpayment?
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12 April 2013 | 14 replies
(Through a lender) Minimum down payment is 20%, no gifts allowed for help, closing costs are also out of pocket.
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20 March 2013 | 8 replies
As in the hypothetical Steve Babiak has mentioned, the city here requires any private street be brought up to city standards before they take the "gift".