QUESTION
Daughter's father just passed away and left her with a large amount of cash money in a safe. Can't use it to buy a house because it cash what to do?
Asked on Jul 26th, 2021 on General Practice - Wisconsin
More details to this question:
Daughter put an offer on a home and didn't realize the cash money can't be used for a down payment on the home. Mortgage companies don't except cash money. What can she do?
1 ANSWER
Open a checking account and get a bank check. However, be aware that a large cash deposit may raise questions from the IRS and others.
Answered on Jul 26th, 2021 at 10:23 AM