Capital gains w/ parents home

[Amy Silva]

I am going to take over my parents California home mortgage after they refinance to buy a home in Utah. They are looking in to adding me to the title of their home in San Jose, CA (both their names would stay). We plan on me living in the home as well. I’m concerned about capital gains and how this could possibly be a problem in the future. We may sell this home in 5 to 10 years from now, any advice? Also, if anyone knows a great real estate cpa that is familiar w/ California would love a referral :)