Real estate blog entries tagged with no gift tax by Clark Cook (1st Choice Realty of Fayetteville, LLC)

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Home : Blogs : Clark Cook : Fayetteville Homes For Sale By Clark Cook : Tag "no gift tax"

no gift tax: ALL IN THE FAMILY - 03/11/11 09:08 PM

Fayetteville, NC, like many areas of the country are experiencing buyers markets, and current tax laws make this a very attractive time for parents who have the financial ability, to help their children become homeowners. Home prices and interest rates are still low, so you may want to consider this potential investment in your children's future. As parents, you can provide a significant downpayment, free of taxation. Individually you may gift up to $13,000 per year, so two parents making gifts to their child and spouse can give a total of $52,000 in one year without paying gift tax! Above and … (39 comments)

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Clark Cook

Fayetteville, NC

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1st Choice Realty of Fayetteville, LLC

Address: 201 S. McPherson Church Rd. Ste. 208, Fayetteville, NC, 28303

Office Phone: (910) 339-1335

Cell Phone: (910) 261-9580

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