Google Answers: Capital Gains Tax and Quick Claims Deed

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Q: Capital Gains Tax and Quick Claims Deed ( No Answer, 0 Comments )

Question

Subject: Capital Gains Tax and Quick Claims Deed
Category: Business and Money > Finance
Asked by: paradice-ga
List Price: $10.00

Posted: 06 Nov 2006 15:06 PST
Expires: 06 Nov 2006 16:45 PST
Question ID: 780626

I have a question about quick claim deeds...I bought a house under my
name (loan is under my name) for my step-daughter and her husband. 
They are planning on selling this house. They have been living in it
for the past 2 and 1/2 years...i am the only one on the title...can I
add my daughter to the title and since she has been living there for
over two years, avoid paying capital gains tax on the property at the
time of sale?

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