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View Full Version : Los angeles inherited home


wayne quigley
Aug 3, 2008, 01:32 PM
If I inherit a home in los angeles can I live in it without changing title and property taxes?

Fr_Chuck
Aug 3, 2008, 01:42 PM
Yes but years latter you will have more trouble changing it, and/or if you die your heirs will have a lot more estate issues.
You will have to pay the property tax and keep that address up to date.
And that still makes you liable for all of its debts and it does also not stop your debtors from putting liens against you for it.