M-MTax
Level 12

Get your taxes done using TurboTax

Just my opinion but I think @rab77 should consult with a QI regardless.

 

The QI will document the transaction thoroughly so there is no subsequent issue with the IRS and will act as an agent for both parties with respect to the property transfers. 

 

In all likelihood, transfer tax will have to be paid as well as other fees (such as title insurance) and the QI will ensure the whole transaction is handled properly.