General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago, 07/20/2016
Subject to rental
i have a prospect that owns a triplex in California and is willing to hand it over to me for free. 😮 My question is how exactly should I take ownership of this property?
You can exchange it for $10 or something nominal. Look at your local real estate laws and see what the rules are for gifting property. Is the prospect a family member? That typically makes things easier.
- Anthony Angotti
- (412) 254-3013
The Angotti-Gleve Team at DHRE
6 Reviews
5.0 stars