Quitclaiming one person off joint tenancy- family

[Susan O.]

I bought a property with a family member (son) and want to put it just in the sons name

We bought it in 2016 as Joint tenancy.  For him to get loan I put my name on property, but he made all the payments for the property.  Also, I gave him a loan for part of the downpayment that he has been paying me back at 4 %

I wanted to quit claim him off my share. I just wanted to make sure 1. this won't raise property taxes 2. they won't make him do gift tax.

I didn't contribute anything to him except help him qualify for loan and give another loan for downpayment.

[Christopher Janney]

Not sure if this would solve your problem, but putting the property in a trust, then you make the beneficiary anyone you like.  Again, like @Brian Larson said, talk to a good CPA that understands real estate.  This is important, because not all CPAs are versed in the legal and tax issues with real estate, just as not all doctors are podiatrists.