Legal Question in Tax Law in California
son deeding back to mother
son was put on house as joint tenant 20 years ago. He has never claimed house, nor taken any benefit or paid any bills. He'd like to deed it back to mother. Will he have to pay taxes?
Asked on 5/24/07, 5:19 pm
1 Answer from Attorneys
Ismail Amin
The Amin Law Group, Ltd.
Re: son deeding back to mother
Most likely not if it is a straight transfer to his mother. What county is the home located in?
Answered on 5/24/07, 6:13 pm