*Gifting kids to buy a home has been around for decades: Under the tax code, in 2025, an individual can gift up to $19,000 (the limit for married couples is $38,000) without having to pay any taxes. If parents spend more, they’ll have to file a gift tax return and the amount will count toward their lifetime estate tax exemption, which in 2025 is $13.99 million for individuals, $27.98 million for couples. (NY TIMES) *According to the Federal Reserve, the silent generation and baby boomers own nearly $25 trillion in real estate combined which will be passed down to younger generations over the next 20 years or so…..and lots of it will bypass capital gains taxes due to the step-up basis of our tax code. ie: A home that was bought for $200k, worth $2 million today would incur capital gains taxes of over $250k if sold while both owners are alive….once passed onto heirs, that heir can sell the property with a cost basis of $2 million and not incur any capital gains taxes….. which may explain why many more Americans are aging in place. 75% of adults aged 50 and older would prefer to stay in their homes as they age. *As of 2020 solar and wind farms directly occupied around 424,000 acres of rural land in the U.S., less than 0.05% of the total farmland. The recently passed tax bill terminates the investment and production tax credits for wind and solar by the end of 2027 which have played a key role in the expansion of renewable energy in the U.S. California’s total solar capacity is around 46.9 GW as of early 2024, Texas is second with roughly 41.4 GW, and Florida is third with over 18.6 GW. Texas, Iowa, Oklahoma and Kansas have the highest wind power capacity. (CNBC) *Buy Fire extinguishers ASAP as they have been added to a list of steel products that will face a 50% import tariff. Every home should have at least one fire extinguisher on hand….(CNBC)