quitclaim - Posted by Joe Place

Posted by chet on January 25, 2005 at 16:59:12:

see if you can back up the transfer that it doesn’t look like you’re getting 1/2 for nothing.

Other option I have seen used is gifting.

quitclaim - Posted by Joe Place

Posted by Joe Place on January 25, 2005 at 13:28:53:

My brother and I built a house in WI less than a year ago. His name is on title and on the loan. If we were to sell the property for a profit could we quitclaim my name onto the title so he would not be held liable for the taxes on my portion?