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My mother passed away and left two properties that she owed tax on, if I inherit the properties will I have to pay the taxes on them before doing title transfer.

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Icon Mini Profile sfloressr05





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Post Posted: Tue Mar 16, 2010 9:47 pm    Post subject: My mother passed away and left two properties that she owed
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My mother passed away and left two properties that she owed tax on, if I inherit the properties will I have to pay the taxes on them before doing title transfer.
Icon Mini Profile gunzijjistaff
gunz.ijjistaff




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Post Posted: Tue Mar 16, 2010 10:03 pm    Post subject:
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Hi,

You not be responsible to pay tax before property transfer. After you owe this property you have to pay tax of this property.

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Icon Mini Profile adonis
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Post Posted: Tue Mar 16, 2010 10:56 pm    Post subject:
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Hi sfloressr,

You can get the property transferred in your name and then pay off the taxes on those properties. Once you become the owner of the property, you would be liable for paying off the taxes or the IRS may place a tax lien on the properties.

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Icon Mini Profile gmakerley
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Post Posted: Wed Mar 17, 2010 10:17 am    Post subject:
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yes, the taxes must be paid.
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