Helping Your Child Buy a Home - Episode 53

APR 8, 202410 MIN
SK Wealth's Solutions & Knowledge podcast

Helping Your Child Buy a Home - Episode 53

APR 8, 202410 MIN

Description

As a first-time homebuyer, your kid may have limited resources. You’d like to be able to help, but what's the right way? This week, Mac and Andrew dig into the different strategies to help your child buy their first home, exploring IRS thresholds for cash gifts or the tax benefits of becoming your kid’s landlord. They’ll guide you through the emotional decision-making process and how to determine the smartest ways to help your child without putting your own financial stability on the line. Click the subscribe button for upcoming episodes about helping your children become financially secure.