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Get your taxes done using TurboTax
@Anonymous_ Yes, I think the OP already has thought through gifting the house pros/cons if they're already at the point of filing the 709 (i.e., they've already gifted it). The advantage of the quit claim deed to a family member is the property tax remains the same for the family member/new owner.
‎April 11, 2022
1:19 PM