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dbunac · Joined: 10 Oct 2007 Posts: 1 1.29 Dollars($)

My mom would like to add me to her house. Is there any tax issues doing this? And is the quit deed the best way to have this done?

livinginnky · Posted: Wed Oct 10, 2007 9:29 am Post subject:

You would both be responsible for the taxes since you would both be part owners. A quit claim deed is perfect for adding a family member.

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Hi Dbunac,

Quit claim is the easiest way to add a family member to the title.

liaoyu03 · Joined: 09 Sep 2007 Posts: 166 4.48 Dollars($)

yes, the qiutclaim deed is the best for a family member. If your mother do a quitclaim deed to you, it means that your mother transfer the title of te property to you. so ,you will be responsible for the tax of the real property.

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Should I have my mom add me to her house though a quit claim