Posted on: 25th Jul, 2014 10:14 am
Wondering about a gift tax. The property is ALL paid off. My Father is not doing well health wise. I am his POA, I have completed a quit clam deed with my name being the only name on it. What kind of taxes are coming my way if any or is there a way to avoid them
This may vary by state - I would check with a local tax specialist - it will likely depend on the value/assessments etc
Good Luck
Brian Barnes
ENG Lending
Nationwide Lender
Good Luck
Brian Barnes
ENG Lending
Nationwide Lender