Is a donated deed subject to transfer tax in Riverside County?+
The county charges California documentary transfer tax at $0.55 per $500 of consideration. Transfers without consideration are treated differently, and we confirm the treatment for your deed before recording. Where the tax falls on the grantee, we pay it.
I live outside California. Do I have to come to Riverside to sign?+
No. We prepare the deed in the form California requires, you sign before a notary where you live, and we record it with the Riverside County Recorder.
A notice of default has been recorded against my house. Is it too late?+
Not necessarily, and the date on the notice decides how much room there is. California trustee sales move on a statutory timetable that is shorter than a court foreclosure, so this is a call to make today rather than next month. See donating before foreclosure.
My lot has no road or water. Is it worth anything?+
Often more than the owner expects, and usually to a neighboring owner rather than the open market. See land you cannot build on for how these are valued and placed.
Does California give a state deduction for a property donation?+
California has a personal income tax, and how it treats a charitable contribution is set by California law rather than by us. Your federal deduction follows the usual IRS rules. Take the state question to your own advisor.
We do not provide tax or legal advice. State and local transfer tax rules change; we confirm current requirements when we prepare each deed. Consult your own advisor.