how can I sell a house to my daughter without charging interest? - Mortgagefit

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Posted on: 06th Mar, 2011 05:10 pm

I would like to "sell" a house I inherited to my daughter and her husband, but do not want to charge interest. Is
this possible?

Total Reply : 3

Contact a real estate attorney to draw up a promissory note and related documents.

Posted on: 06th Mar, 2011 05:19 pm

Thank you for your response. Would this avoid imputed taxes?

Posted on: 07th Mar, 2011 02:53 pm

i dont know
that would be a question for the real estate lawyer

Posted on: 07th Mar, 2011 03:12 pm

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