Mortgage w / questions gift letter
I’m looking to buy the house, I my father to a value of approximately $ 140,000 to buy it for $ 95,000 if I get a mortgage company had rented estimates speak of you to buy it for the 140 and setting $ 45,000 as a gift, so I wouldnt no deposit, sounds to me, but my mother is concerned because they pay you to sign a letter of donation, the money comes, I make sure they arent advantages allows a presumption that they are worried they could pay taxes on that gift. Who knows if this is true or not? I do not understand why they would have to pay tax when my parents and give that money to me. please help!