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Updated over 3 years ago on . Most recent reply

User Stats

132
Posts
25
Votes
Rik Patel
  • Real Estate Agent
  • Miami, FL
25
Votes |
132
Posts

How to Transfer Property from Family

Rik Patel
  • Real Estate Agent
  • Miami, FL
Posted

Hi All! I have an family member that's willing to put me on title of his property, however, we don't know if there is any taxes that are due with this kind of transfer. It's paid off and we're thinking of just doing a quit claim deed. 

Does this trigger anything with the IRS? 

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