30302 : Real Estate Advice

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Jeff Baillis, Real Estate Pro in Atlanta, GA
Jeff Baillis answered:
Someone is giving us some money to fully buy a house. Could they send the full price of a house to you in escrow or while we look for a house to buy?
Wow, there is a lot of misinformation on this thread! If the money is a gift, whether from a relative or a friend, it does not constitute a capital gain or income to you. Gift tax laws ... more
0 votes Share Flag Mon Jun 20, 2011 Home Buying in 30302
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