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Updated over 10 years ago on . Most recent reply

Josh Norris's profile image
Josh Norris's profile image
Josh Norris
  • Investor
  • from Seattle, Washington
  • Member since Feb 28, 2013
Connect

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77
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9
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Josh Norris's profile image
Josh Norris's profile image
Josh Norris
  • Investor
  • from Seattle, Washington
  • Member since Feb 28, 2013
Connect
Josh Norris
  • Investor
  • Seattle, WA
9
Votes |
77
Posts
Tax, SDIRAs & Cost Segregation

Raw Land Deed Transfer Tax Implications

Josh Norris
  • Investor
  • Seattle, WA
Posted

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

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