How to Give Your Home to Your Children Tax-Free

Summary For each option, think about these taxes Parents’ capital gains tax How capital gains works $250k exemption Free step-up in basis Child’s capital gains tax Child’s income tax (deductibility of housing costs) Parents’ gift tax and estate tax Stay put Outright gift Sale for a bargain price Full-price sale with seller financing What if you want to live in your home? Options Links www.marketwatc...
Original post by Bill Bischoff
My book “How to Buy Your Perfect First Home” available on Amazon

[@stbam1965]

Ppl should NOT HAVE TO PAY TAXES ON A HOME IF A PARENT DIES AND THE FAMILY GETS THE HOUSE. ITS BULL CRAP.

[@mg.1680]

I hope this guy just explains things without the co-host since she interrupts the train of thought of both the host and listeners which makes it more complicared to listen to.

[@tmy727]

Co-host have zero content and knowledge to add, she's actually adding more confusion and awkwardness to the podcast. I had to go back and forth just to listen to his responses🤦‍♂️

[@stbam1965]

Stay on point

[@limabean7235]

What about inheritance tax?

[@DrLusEnglish]

Great.

[@stbam1965]

That women is annoying, why does she have to but in.