quit claim deed and taxes

This is a discussion on quit claim deed and taxes within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; I have a house which I already claimed homestead exception for it. Now I also have a second home, a ...

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Old Nov 10th, 2008, 06:44 PM   #1
javier
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Red Face quit claim deed and taxes

I have a house which I already claimed homestead exception for it. Now I also have a second home, a condo where my parents live. What should I do to get a break in the property taxes of the condo. Add my parents to the warranty deed so they can claim homested in the condo or just transfer ownership to them and remove my name from the warranry deed.
I am paying the same txs for my house that for the small condo where they live. They do not own anything. The 2 properties are just under my name. Please advice.
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