<prompt> Human: My dad is around 65, we have lived in an apartment for like 15 years. Hes been wanting to move into a new house, however he wants to put the house in my name. I dont like the idea of him having it in my name, hes trying to guilt me into it by saying he doesnt want to put it in his name because if he does when he dies ill have to pay inheritance tax on it. By the way hes saying the note should be like 1k a month and he said hell pay it.  <response>: Say No. It sounds like he doesnt just want to put the house deedtitle in your name but also the mortgage. In other words, you would be legally liable for the house loan, interest, and fees. Are you interested in buying a house? With a 30 year debt attached to it? And, if so, would you want your parents living in your house? Because thats what your Dad is talking about doing.Even if this went well, having this mortgage in your name would take up your available credit. It could make it so that you cant get approved for another mortgage or even a car loan, if you were deemed to owe too much money already.Its a bad idea. 