My parents own a home that's jumped 600% in value and is worth $500K. I want them to sell it to me for cheaper and avoid tax issues. Who can help?

Show Business and Finance Publications

Thu, March 20, 2025

[ Thu, Mar 20th ]: WSAW

Owners & employees react to Great Dane Pub and Brewing closing in Wausau

[ Thu, Mar 20th ]: MoneyWeek

Find tomorrow's Asian giants while they are still smaller companies

[ Thu, Mar 20th ]: MSNBC

Trump's FTC firings make clear where his real loyalties lie

[ Thu, Mar 20th ]: jacobin

Bernie Is Right: 60% of Americans Live Paycheck to Paycheck

[ Thu, Mar 20th ]: Week99er

The Future of Business: Top 10 Entrepreneurs to Watch in 2025

[ Thu, Mar 20th ]: Variety

Apple Is Losing Over $1 Billion per Year on Strea .. ce, Has 45 Million Apple TV+ Subscribers (Report)

[ Thu, Mar 20th ]: CNBC

The 10 most expensive places in the U.S. to start a new business, report finds

[ Thu, Mar 20th ]: Investopedia

Why Nvidia Stock Is on Track to Have Its Worst Quarter Since 2022

[ Thu, Mar 20th ]: Forbes

Are Small Businesses About To Lose A Financial Lifeline?

[ Thu, Mar 20th ]: WKRG

Dollar General going-out-of-business sale leads to chaos, temporary closure

[ Thu, Mar 20th ]: OurQuadCities

Schlueter's Auto Service earns Business of the Year Award in West Burlington

[ Thu, Mar 20th ]: CelebrityAccess

The CMA Announces Multiple Senior Hires And Promotions

[ Thu, Mar 20th ]: cnbctv18

Citi CEO Jane Fraser meets FM Sitharaman, discusses digital push in India

[ Thu, Mar 20th ]: Lifehacker

What Is 'Phantom Wealth' (and What to Do If You Have It)

[ Thu, Mar 20th ]: GhanaWeb

CEO Anyanah Benjamin to Share Business Insights at Future Forward Forum 2025

[ Thu, Mar 20th ]: Bloomberg

Bloomberg's 2025 March Madness Brackets for a Cause

DIY Woodworking

Announcing The World''s Largest Collection of 16,000 Woodworking Plans

[ Thu, Mar 20th ]: SaltWire

Cape Breton duo named to 25 Most Powerful Women in Business list

[ Thu, Mar 20th ]: Truthout

Trump and DOGE's Attacks on CFPB Will Help Financial Industry Prey on Consumers

[ Thu, Mar 20th ]: Firstpost

Are NBFCs supporting rural women in diversifying their businesses?

[ Thu, Mar 20th ]: Fortune

Exclusive: Walrus Foundation raises $140 million .. Crypto and a16z for a high speed storage network

[ Thu, Mar 20th ]: GOBankingRates

Here's How Mark Cuban Spent His First $1 Billion and What You Can Learn From It

[ Thu, Mar 20th ]: Cryptopolitan

China's central bank holds rates steady amid US tariffs and yuan weakness

[ Thu, Mar 20th ]: Mint

Co-branded credit cards vs. regular credit cards: Pros, cons, and which to choose

[ Thu, Mar 20th ]: Stockhouse

Buzz on the Bullboards: A $15 billion oil business combination, Trump, & everything in-between

[ Thu, Mar 20th ]: SmartAsset

Form 4684: How to Claim a Casualty and Theft Loss Deduction

[ Thu, Mar 20th ]: ProPakistani

Meezan Bank and NED University Partner to Launch Centre for Islamic Finance and FinTech

[ Thu, Mar 20th ]: Barchart

Stocks Rise Before the Open as Investors Digest F .. ecision, U.S. Economic Data and Earnings in Focus

[ Thu, Mar 20th ]: Moneycontrol

Bain Capital strikes gold as deal likely for majority stake in Manappuram Finance

[ Thu, Mar 20th ]: MarketWatch

I'm 63 and planning to retire. I watched in horro .. s tanked. Will I have enough to get me to my 90s?

[ Thu, Mar 20th ]: Insider

Wait a minute. Has Elon Musk really turned Twitter around, after all?

[ Thu, Mar 20th ]: CoinTelegraph

Pakistan eyes crypto legal framework to spur foreign investors

[ Thu, Mar 20th ]: Deadline

Media Stocks, Broader Markets Rebound As Fed Forecasts Two Interest Rate Cuts In 2025

[ Thu, Mar 20th ]: CNET

Tariffs Explained: What They Mean for You Amid Rising Cost Fears

[ Thu, Mar 20th ]: CNN

Fed leaves rates unchanged. But here are changes .. make to earn more on savings or pay less on debt

[ Thu, Mar 20th ]: Reuters

In the Market: How Trump is driving Asia to diversify away from US

[ Thu, Mar 20th ]: WKYC

Cuyahoga County Executive Chris Ronayne calls Cle .. ' Brook Park domed stadium proposal 'a risky bet'

[ Thu, Mar 20th ]: Forbes

Reconsidering The MBA: Is It Still Worth It?

[ Thu, Mar 20th ]: FXStreet

EOS rebrands to Vaulta: Here is what investors should know

[ Thu, Mar 20th ]: GlobalData

Saudi Arabia grants exploration licences to local and international mining companies

Wed, March 19, 2025

[ Wed, Mar 19th ]: Zawya

Gulf Bank appoints Bader Al-Ali as General Manage .. bally as General Manager of International Banking

[ Wed, Mar 19th ]: WJCL

Secretary Raffensperger says Pooler's growth comes from small businesses

[ Wed, Mar 19th ]: Reuters

Vitol snaps up West Africa assets from Eni, strengthening upstream presence

[ Wed, Mar 19th ]: Investopedia

S&P 500 Gains and Losses Today: Boeing Surges on Several Positive Signals

[ Wed, Mar 19th ]: CNET

Fed Pauses Interest Rate Cuts. Where Do Mortgage Rates Go From Here?

[ Wed, Mar 19th ]: AOL

Nvidia's Huang isn't shying away from DeepSeek, says AI needs 100x more computing power

[ Wed, Mar 19th ]: Newsweek

Bridging Eastern and Western Values To Evolve Web3

[ Wed, Mar 19th ]: Insider

7 reasons one analyst says it's time to buy Tesla after its stock crash

[ Wed, Mar 19th ]: Kiplinger

The SSA Is Changing How You Apply for Benefits an .. Deposit Information: Here's What You Need to Know

My parents own a home that's jumped 600% in value and is worth $500K. I want them to sell it to me for cheaper and avoid tax issues. Who can help?

//business-finance.news-articles.net/content/202 .. r-cheaper-and-avoid-tax-issues-who-can-help.html

Published in Business and Finance on Thursday, March 20th 2025 at 10:21 GMT by MarketWatch

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

Have an issue with your financial adviser or looking for a new one? Email questions or concerns to picks@marketwatch.com.

2025-03-24 260 x 130 / 7874 Bytes

The article discusses a scenario where an individual wants to buy their parents' home, which has significantly appreciated in value from $75,000 to $500,000, at a price lower than its current market value to help them avoid capital gains tax. The parents, who have lived in the house for over 50 years, are considering selling due to their age and the maintenance costs of the property. The individual seeks advice on how to legally and financially manage this transaction. The article suggests consulting with a real estate attorney or a financial advisor to navigate the tax implications, explore options like a family sale at a reduced price, or consider estate planning strategies such as a life estate or a trust to minimize tax burdens while transferring the property.

Read the Full MarketWatch Article at:
[ https://www.msn.com/en-us/money/real-estate/my-parents-own-a-home-that-s-jumped-600-in-value-and-is-worth-500k-i-want-them-to-sell-it-to-me-for-cheaper-and-avoid-tax-issues-who-can-help/ar-AA1BiDrj ]