What is the name of your state?What is the name of your state?Fla. Parents helped me purchase home 8 years ago.House is in their name. What is best way to sell for taxes I will profit almost $600,000. Can they turn house over to me. Or should they sell it and give he money to me? I do want to reinvest property in Tenn but don't want to lose alot of profit on taxes.How to handle this situation?????