Friday, March 8, 2013 / by Dana Rusnak
Rules for Down Payment - Gift $$$
As of Jan. 1, everyone can gift (tax-free to everyone) up to $14,000 per year. That means your parents can gift you up to $28,000 toward the value of the property. If you are married, and your husband will go on title with you, this number can be increased to $56,000.