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I do not think you will be taxed on it because you are not the registered owner you essentially loaned money on the car as far as the DMV sees it. This might help. http://www.dmv.ca.gov/pubs/brochures/howto/htvr18.htm
Guess I'm off to the DMV in the morning
I'd let the guy know what you're doing. I think it'd just make things easier it could potentially cause problems down the roadi f he finds out. just my
Doesn't it suck when you do something nice, and then it comes back to bite you? Had it happen before, hope it all works out
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