My question involves real estate located in the State of: California
We are getting a divorce with my husband and I would like to buy him out of the house (transfer the house title from both names into my name exclusively).
We found that the way to do it is through quitclaim deed.
What are the tax implications of the quit claim deed? Namely, does he owe income tax on the received sum? Does quit claiming affect the property tax value? Is there any transfer tax?
Thank you!

