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Thursday
Feb 09th
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Shared Equity vs Gift Tax E-mail
My father is going to help me purchase a house. He is going to give
me $77,500 to help with the purchase. The ultimate intent is that
once I sell the house, I would give him back his money plus some
portion of the profits.
Now, I know there is a shared equity agreement that we can use. I
think it means that I have to pay rent to him for his portion of the
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  • Newsflash
    AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday.
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