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On today's podcast we discuss the little known or used trick of the Gift of Equity. This tool allows a family member to sell their home to another family member and avoid tax implications, cover down payment and closing costs, and even avoid mortgage insurance.
By Dante MillerOn today's podcast we discuss the little known or used trick of the Gift of Equity. This tool allows a family member to sell their home to another family member and avoid tax implications, cover down payment and closing costs, and even avoid mortgage insurance.