Hey all. For information, I’m in the USA.
My fiancé and I are buying a home and the down payment / closing costs will total to around $65,000. What’s the best way for us to pay this?
Maybe I’m overcomplicating it but will there be some tax implication of her writing me a check for half the down payment? I was originally thinking she would transfer me the money, then I would just pay the grand total from my account. But maybe it’s better for tax purposes if we just write two separate checks to the bank, so I don’t have a $30k deposit? Sorry for the dumb question.
Submitted January 03, 2024 at 04:28PM by fishing_pole https://ift.tt/dcpTyYv
