Good to hear it. Just a word of advice though, don't sell the home right away until you get the advice or else you may be faced with a steep tax. Usually, the original cost (or basis) of the property becomes the tax basis for you. Example: say your parents bought the house years ago for $500,000 and it is now worth $I,000,000. When they gift it to you, the cost basis is $500,000. If you sell the house right away, you will have to pay capital gains taxes on the difference between $500K and the selling price. The only way for you to avoid this tax is for you to live in the house for at least two years before selling it. In that case, you could exclude up to $250,000 ($500,000 for a couple) of your capital gains from taxes.