Posted on: 02nd Sep, 2008 01:24 pm
I am possibly going to quitclaim deed my property to a company who can help me walk away from my investment properties. They state that they can help stop the foreclosure. What type of tax implications and other risks do I face when I assign or quitclaim deed my mortgage to them?
I think I just saw your other post. Stay away from that deal, it's no good.
I didn't saw your other posts. But the quit claim is usually used among the family members.