Generally, transfers between parents and children are considered gifts -- unless
your child actually purchases the home from you. A quit claim deed can be used
The downside to a gift deed is that it exposes the adult child to gift taxes. The IRS
takes ... Can I Give My Daughter My House With My Current Mortgage? Gift Tax ...
There are basically three ways of "putting a child's name" on real estate: 1) an
outright gift; 2) a deed reserving a life estate; 3) a "transfer on death" deed.
The costs associated with a deed transfer will vary by state and by how the
transfer is accomplished. Filing a deed yourself may be the cheapest method, but
A quitclaim deed is a legal transfer of real estate ownership, usually between
family members, explains Nolo. A quitclaim deed records the names of the
Sep 4, 2009 ... Transfer ownership of your home by selling it to your child for full market ... If I
Have Power of Attorney, Can I Deed a House Over to My Name?
Apr 19, 2014 ... Q: My wife passed away recently. The property was in our joint names. I want to
type a warranty or quitclaim deed, and transfer property to my ...
Nov 5, 2012 ... I Just Want to Put My Daughter's Name On My Deed ... things have changed and I
no longer want my daughter's name on the title to my house.
Aug 29, 2016 ... My MarketWatch ... If they do move into the house, their tax basis for calculating
the gain or loss on subsequent sales will be ... You sell the property to your son
or daughter for a relatively small down payment and carry a note ...
Dec 11, 2012 ... I want to add the name of my daughter to the house deed. Would you be able to
tell me the pros and cons of this decision in terms of property ...