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Hi my name is Mark. I will be happy to help you with your question.
So are your children's the only ones who are on the title?
How much did you buy the property for in 2014? How much do you think the property will sell for?
Did you make any improvements?
You would be able to pick up the cost of cutting down the trees, planting grass, and painting. This would add to your basis.
Were the deeds recorded?
I assume that these were quit claim deeds?
What will be your income for this year?
Is Social Security Income included in this amount?
The deeds could be reversed under limited situations involving a flaw in the title, fraud or duress. I am not sure if any of the situations apply. If the home is sold your children would have a short-term gain based on your difference between your cost basis (plus improvements) and the sale price of the home.
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Why was I charged $5.00 four extra times. There is no money involved
I am not sure why you were charged these amounts. I do not have the ability to see what you were charged or correct it if it is wrong. I would suggest contacting customer service. They are usually very good at correcting these issues.