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Updated about 10 years ago, 09/12/2014
Raw Land Deed Transfer Tax Implications
Does anyone know whether or not there are tax implications if a family member quit claims a piece of land into my name. I would not be paying anything for the property they would be giving it to me for nothing. They no longer want the property and are currently behind in taxes. I would be updating the taxes and taking over the property.
Thanks,
Josh