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    bcubberly's Avatar
    bcubberly Posts: 2, Reputation: 1
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    #1

    Jul 16, 2008, 12:31 PM
    Property Transfer & Capital Gains
    My boyfriend of 30 years wants to transfer title of a home he owns to me. If he Deeds the property to me will he then have to pay capital gains?
    rockinmommy's Avatar
    rockinmommy Posts: 1,123, Reputation: 82
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    #2

    Jul 16, 2008, 05:21 PM
    Has he lived it in for two of the last 5 years?
    bcubberly's Avatar
    bcubberly Posts: 2, Reputation: 1
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    #3

    Jul 16, 2008, 05:28 PM
    No it has been a rental. He wants to give it to me so if something happens to him it will be in my name.
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