Home / NEWS LINE / Gift of Equity: What It Is, How It Works, Taxes, and Pros & Cons

Gift of Equity: What It Is, How It Works, Taxes, and Pros & Cons

A honorarium of equity is the sale of a home below its market value. The buyer is usually someone with whom the seller has a familial relationship.

Check Also

How Canada, Mexico, and China Are Responding to Trump Tariffs

DAVE CHAN / Contributor / Getty Forms Canadian Prime Minister Justin Trudeau during a news …

Leave a Reply

Your email address will not be published. Required fields are marked *