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Real Estate
Reply to "How many people in your social group had family support in buying a house?"
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[quote=Anonymous]There are rules as to how much money parents can “gift” their kids per year. I don’t think they can just plop down $100K for a down payment on their child’s house. However, they can pay a private school directly and then also gift the appropriate amount to their kids. A lot of wealthy parents do this instead of saving it for inheritance. [/quote]
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