Home Transfers, Taxes, and Inheritance

23/09/2025 14 min Temporada 3
Home Transfers, Taxes, and Inheritance

Listen "Home Transfers, Taxes, and Inheritance"

Episode Synopsis


When a parent transfers a home to a child, it may feel like a simple title change—but the tax rules aren’t so simple. In this episode of Leibel on Fire, Leibel Sternbach breaks down what you really need to know: Do you need to report the transfer to the IRS? How do gift tax rules and lifetime exemptions work? What happens if you sell the home later? Why inheriting property may sometimes be better than receiving it as a gift. Leibel also shares tips on estate planning, cost basis, and how to avoid costly mistakes when passing down property.