Change in ownership
#1
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Change in ownership
My dad bought a car this weekend and put it in his name. I want to change the ownership to my name (he knows about it). How do I go about it? Is it complicated?
The car is a Toyota Prius. The reason for the change is that he has no income; therefore, doesn't pay income taxes. With the car in my name, I can use the hybrid car deduction in my federal taxes in 2006, worth about $2,000! It's worth the trouble, I think.
The car is a Toyota Prius. The reason for the change is that he has no income; therefore, doesn't pay income taxes. With the car in my name, I can use the hybrid car deduction in my federal taxes in 2006, worth about $2,000! It's worth the trouble, I think.
#2
i dont think its very complicated between family. I dont think you'll even need smog check.
but here is the link for CA
http://www.dmv.ca.gov/pubs/brochures...cts/ffvr32.htm
but here is the link for CA
http://www.dmv.ca.gov/pubs/brochures...cts/ffvr32.htm
#3
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Originally Posted by euroStyle
i dont think its very complicated between family. I dont think you'll even need smog check.
but here is the link for CA
http://www.dmv.ca.gov/pubs/brochures...cts/ffvr32.htm
but here is the link for CA
http://www.dmv.ca.gov/pubs/brochures...cts/ffvr32.htm
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