The mortgage officer had the sister gift her $20k we were supposed to be closing within the next 10 days.

Depreciation is presented as a gift from the Irs but it’s not it’s a loan and payback is..

One of my "standard speeches" is that most skills are a "craft" not an art, nearly anyone can learn to be competent without having a gift.

They have been gifted some money for 10% down payment from parents and that has been seasoned for over a month.  

If your parents add you to title, you need to consider possibly gift tax implications.

I believe you can only gift someone in the range of $14k?

Is a gift even appropriate? 

Any citations for violations I receive I gift to them, as per the lease.  

They can only receive a gift not to exceed a value over $50.

That makes it very liquid for doing down payments and closing costs.I learned that lenders do not like any money showing up in your accounts that do not have a paper trail... and making all this easy on the lender will help you get the loan done faster and easier, so no gifts from family or anyone within several month before you start looking to get a mortgage loan.