A Reddit user seeks advice on giving his nephew a down payment for a house while wanting an equity interest in return. Most responses discourage this idea, suggesting it could complicate family finances and create tension. They argue that a direct gift would simplify the transaction and avoid potential resentment or issues with mortgage financing. Concerns about gift and estate tax rules also linger, prompting discussions on how to structure such financial assistance responsibly without burdening family dynamics.
Asking for an equity share in the house would introduce financial entanglements and could lead to resentment from either the giver or the nephew.
Other Reddit users suggested that a direct gift would avoid complications with mortgage loans and family dynamics, keeping financial relationships uncomplicated.
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