We are on the title and mortgage loan because they attempted to refinance but they could not due to income. However, we (my husband and I) have never made a single payment on this property. Is it possible to state that they own 100% of it?
Now with the purchase of this new property we will no longer be on title or loan. We do however plan on placing this property under a trust. Will that affect me in any way as taxes are concern?
