Legal Question in Real Estate Law in Florida

quick claim deed

I want to take my name off property in Florida giving my husband complete ownership. What would be the taxable result in doing so if any on my part when I am giving him the property out right? Would this be income when no monies are exchanged just taking my name off the property? I am not on the loan just on the deed.


Asked on 12/01/06, 12:22 am

2 Answers from Attorneys
Scott Riddle Law Office of Scott B. Riddle, LLC

Re: quick claim deed

That is a question for your CPA or tax professional, who knows your entire financial situation.

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Answered on 12/01/06, 7:14 am
David Slater David P. Slater, Esq.

Re: quick claim deed

A quit claim deed will transfer your ownership. Tax issues are for your accountant.

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Answered on 12/02/06, 11:34 am


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