Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Add my husband = excise tax?

Posted on: 11th Feb, 2011 09:36 pm
Hello.

Last year my then boyfriend and I refinanced our house and I added him to the title doing a quick claim deed. I purchased the home three years prior and made payments to the mortgage company with no issues. We pay the mortgage from the same account (my husband is a signer now). Today I received a notice that I owe excise tax for half of the payoff amount when I refinanced.

This doesn't make any sense since the property was not sold. I live in Washington state. Should I pay the tax or do I have a valid argument to contest this?

Thank you.
Hi Bramsche,

You should contact a tax adviser and a real estate attorney and take their opinion in this matter. They will be able to guide you in this regard.

Thanks
Posted on: 11th Feb, 2011 11:32 pm
Page loaded in 0.103 seconds.