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URL:  https://boards.fool.com/my-mother-in-law-wants-to-transfer-the-title-of-30909194.aspx

Subject:  Re: transfer of house title Date:  10/6/2013  6:08 PM
Author:  Jeanwa Number:  119258 of 129380

My mother-in-law wants to transfer the title of her house into my wife and sister-in-laws names. Does this cause any problems 'tax-wise' down the road? She will continue to make pay all taxes. She just wants to take the house out of her name.
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The first thing that came to my mind was in WA State seniors can qualify for a property tax exemption...but only if they own the house. If it was transferred to your wife and SI name she would loose the exemption, if she had it.
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