**Mom is Gifting me a Down payment - How to Set This Up?**

[Sasha Josephs]

We want to avoid going to a CPA, so thank you to any BP'ers in advance that can shed light on this topic. Maybe this is something you've gone through before?! We are new to this.

So, my moms is gifting me a down payment for a home here in SF Bay Area, California. It will be my first home and my primary residence and we are wondering what the different options are that are out there as far as setting this up, and the tax implications.

Obviously, the more money in our pockets, the better. I'd be grateful for any guidance or advice.