Quote:
Originally Posted by SumAznGuy
Not if that is their primary residence.
But there will be heavy taxes if the parents pass away and the house is given to the kids in the will.
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That's interesting.... Never knew that part before........ I guess they aren't selling the house because we are ok with finance right now...... maybe down the road they way. After all is my parent's house not mine or my sister so I don't really mind whatever happens.