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Recent content by got2buy

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    Purchase of coop using gift as downpayment

    What is the name of your state? NY I would like to have my mom put down $70,000 down on a coop that I would like to purchase. There will also be a mortgage She wants to avoid gift tax. Can she just make the check out to the coop corporation? Can she make the check out to the attorney and he...
  2. G

    Purchase a coop using gift as downpayment

    What is the name of your state? NY I would like to have my mom put down $70,000 down on a coop that I would like to purchase. There will also be a mortgage She wants to avoid gift tax. Can she just make the check out to the coop corporation? Can she make the check out to the attorney and he...
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