What tax implications are associated with Landed's down payment support?

Landed is not a tax advisor and does not provide tax advice. You should always consult with your tax and other trusted advisors for personalized tax and other advice.

Landed is responsible for its taxes, and you are responsible for your own taxes. We believe that under current tax law, you should not have to pay taxes when you receive the cash Landed provides towards your home purchase. You may owe taxes when your partnership with Landed ends, whether the Landed Option is exercised, expires or is bought out early by you either through a sale of your home or otherwise.