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 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
Dec 9, 2011 ... My mother has my sister and myself on the deed to her town house. .... If after my
daughter on the deed, there was any lien to the property due ...
Oct 11, 2008 ... Q. Is it a good idea to deed our house to one of our children, ... If, for example,
your daughter is in a 30 percent tax bracket, she ... X My Profile.
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 ...
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
The most current deed filed on record determines the owners of the property. ...
What Are the Tax Consequences of Quitclaiming a Deed to My Son? What Are ...
Aug 13, 2011 ... When you ask yourself "Should I put my children on the title of my house," ... After
you have added a child to the deed of your property, they ...
If the children sell the house, they will have to pay capital gains taxes on the ....
My mother-in-law transferred the deed to her house to her son-in-law and
daughter for $1 ... Can I sell my home to my daughter for say $5 without being
Mar 23, 2014 ... Dear Liz: In 2007, my parents signed over their house deed to my name. Does
this trigger the gift tax? They never filled out a gift tax form.