I see you sold your 700 thousand dollar house to your daughter for one dollar. I did. I downsized and wanted to make things easier for her. You bought the house in 1980 for 100 thousand dollars? Yes. My daughter is so lucky. No, she isn’t. What? When your daughter sells the house, she’s gonna have to pay capital gains tax on that over 600,000 dollar game. Darn it. What should I have done? I’ll take it from here. Put your house in a revocable living trust. This transfers to your daughter capital gains tax free and avoids probate. Thanks, lawmother. Can we keep this between us? Nope. I already shared this video.