Our realtor got us a closing gift and everything, FEELS like we closed but we really have not.

You are, in a very real sense, giving your father a gift of $80K.

There may be some tax concerns with the $52k gift, but sooner or later they will have to be paid.

& Walking would do me good.Anyone offered a finder's fee/$50 gift card on a mailer?

with everyone pitching in a few bucks to buy gift certificates for dinner, new BBQ, or ?

Will uncle sam see the assessed value posed by a county and tax you on the equity gained considering you we're gifted a property?

the property may be gifted to my younger sister at some point down the road...

Make sure you agree to a repayment plan and an interest rate that is somewhere near market rates (the IRS doesn't tend to like zero interest loans between family members, they can call them gifts and tax them).

I purchased the property subject to the existing loan with me paying all closing costs and a gift certificate for 2 dinners to The Summit House restaurant in Fullerton.

Deal directly with the buyer and directly with the seller and earn all profit without sharing.Bringing a broker into the deal is like giving the a Christmas gift with nothing in return.Go get em'