Dad's moving south
June 25, 2009 10:53 PM Subscribe
Dads moving south and want's to give me the family home, Hurray! What is the best way to go about this, deed it over, sell, ect. we're in Ohio by the way.
posted by Benzle to home & garden (6 answers total)
I've lived here all my life, (Columbus, Ohio) the house is worth about $400,000. Dad got remarried and isn't worried about the cash. I've done some preliminary googling, but nothing solid, like, "First do this, then this, and most importantly, THIS..." Should he sell me the house for $1? What kind of taxes will we incur, and can they be avoided. Thanks Everyone!