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mdimar03 OP t1_iwsuk7x wrote

Reply to comment by Jackattack736 in Anyone here familiar with taxation/gifting property? by mdimar03

Real estate lawyer or accountant???

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Jackattack736 t1_iwsv6rv wrote

You'll realistically need both. A real estate attorney will be able to help you file all of the necessary paperwork with the township and bank related to the mortgage, deed, etc. and an accountant will be able to help you with tax questions.

As an accountant, it's generally not advisable to transfer property this way. It's messy and generally does not work in anyone favor

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