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    wayne quigley's Avatar
    wayne quigley Posts: 1, Reputation: 1
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    #1

    Aug 3, 2008, 01:32 PM
    Los angeles inherited home
    If I inherit a home in los angeles can I live in it without changing title and property taxes?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    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.
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