Thanks for the responses. I am buying the house for my daughter to use as she is just starting out and cannot afford a mortgage. I would just purchase the home on my own but I am putting her on the title because she is living there not me.
As far as the gift tax I thought that gifts over $15k required I thought I had to pay a gift tax but as I looked into it it looks like I just have to file the gift tax return and it counts toward my $11M lifetime exclusion. Is that correct? So there is no tax owed just a filing requirement?
