Options for Transferring the Primary Residence Pursuant to Divorce and the Tax Consequences

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There are several options about how to handle the house as part of a divorce settlement. Each one involves details that require attention. Besides the issue of the sale of the house, costs such as upkeep, insurance, and repairs must be considered.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Sheila May, CPA, Sheila May, CPA | Attorney Advertising

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