It is around 40k so can i gift that much to him?

I just don't see busting my rear for a few bucks and besides that rentals are the gift that give over and over.

Do not go out of your to buy gifts and special niceties for these folks .

That's the beauty of it.Dealing with people in person....that's an entirely different skill set, but can also be learned if you do not have the natural gift of gab.I would try some role playing.

She wants to sell, and gift the proceeds to her daughter so her daughter can buy a new primary residence.

I've seen as little as 1% down for single family residence with 2% gifted by the lender, making it a 97% LTV loan.

If they use a debit/credit/gift card, then there is a 2.75% fee.  

For the lurkers out there, discover your gift and for god sake jump at least one time before you go out of this life.

There are a few ways you can approach this, but given that you are taking over this house with a fair amount of equity already built it I see one very attractive option for you:  If the true value of this house is $450k you can do what's called a 'gift of equity' with your father, and essentially borrow the full $350k that you need to actually buy it for him.  

FYI the annual gift amount is $14,000http://wills.about.com/od/understandingestatetaxes...Someone an give you $1,166 a month as a figt.When my husband leaves for deployment I plan on having roommates.