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House buying & income taxes

Asked over 2 years ago - New York, NY
Business Business Taxes Income Tax Tax

My husband and I are considering buying a house under just my name. He is currently repaying several years of back taxes and we are curious if the IRS will have any claim to the house if it's not in his name.

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Attorney answers (1)

Reputation Level 8
Answered over 2 years ago. Tax Lawyer in Cherry Hill, NJ.
If the house is solely in your name, the IRS would have great difficulty in assessing a transferree liability against you for your husband's taxes. You should make sure that he is not on the note and mortgage, does not pay the mortgage and real estate taxes. If you have any questions, you should consult with a tax attorney.

Ron Cappuccio

http://www.taxesq.com/
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