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deeding property

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maddie21212 Joined: 03 Nov 2009 Posts: 1 1.23 Dollars($)	Posted: Tue Nov 03, 2009 8:20 am    Post subject: deeding property Like 0 Dislike 0 I want to deed a lot to my son. Are there any tax issues?
jheard Moderator Joined: 12 Dec 2007 Posts: 734 Location: Houston, TX 116.72 Dollars($)	Posted: Tue Nov 03, 2009 10:47 am    Post subject: Like 0 Dislike 0 He will have to pay the property taxes. And, you will have to pay gift taxes, if any. _________________ Disclaimer: This is not legal advice and I am not your lawyer. The information provided in this forum is for discussion purposes only, and is no substitute for an in-person consultation with an attorney who can analyze all of the facts and determine how your state and local laws may apply to your specific situation.

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