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gottahome

Junior Member
What is the name of your state? California

Hi, My husband and I have been gifted a house from my mom. The problem is, she will have to pay gift taxes. If we add her name back to the title, will all of us be exempt from the gift tax? What can we do to limit the amount of taxes that will be imposed on us? All help is greatly appreciated!!! Thank you! :D[/FONT]
 


Snipes5

Senior Member
There is no Federal "gift tax". Search this forum. This question comes up at least once a week.

Snipes
 

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