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If dad were to give or sell for $1 his home to me would he or I be responsible for paying any related taxed?

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If dad were to give or sell for $1 his home to me would he or I be responsible for paying any related taxed?

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  1. they have taxes for everything, even those little machine-gumball things hahaha


  2. Check and make sure that he can sell it to you for $1.00, banks may frown upon the amount ??

  3. Yes taxes are always included in the sale of a home.

  4. He would have to pay the property taxes up until the day the sale closes.  
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