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URL:  http://boards.fool.com/i-dont-think-this-is-true-and-it-sounds-like-some-26675066.aspx

Subject:  Re: Buying land from parents Date:  5/23/2008  12:33 PM
Author:  ezragreen Number:  4 of 20

I don't think this is true and it sounds like some sort of evasion of some sort. Do you parents own the land they are trying to sell? I think there are laws of some sort that make them sell the land for near market value unless they gift it, then there is a gift tax if the land is worth more then 10k.


YOU CAN NOT AFFORD IT
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