Minnesota  |  Real Estate Law

Legal Question

Asked on: 4/26/09, 1:25 am

Transfer of Real Estate from parents to child (and spouse)

We are trying to transfer real estate (with home and garage) from my parents to me and my spouse. Are there any implications of them giving us the property outright? I'm specifically interested in tax implications, but any other considerations I don't know enough to ask about as well.

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