Should my name be on the deed?

[Thomas Jackson]

Hello Fellow BP’ers I have a question that I’m sure someone can shed some light on. I’m in the process of selling a home that my ex-in-laws purchased.....I did all of the rehab and put all of my own money into the flip. We have agreed to sell and they just want X amount of money paid to them and the balance goes to me. I am not on the deed currently but could be added if needed. So my question is does it matter if I’m on the deed or not for tax purposes after the sale. We just plan to split the money at title.

Thanks in advanced!