Legal Question in Real Estate Law in Missouri
buy/sell home between spouses
can my spouse sell his house, now rental property, buy my/our house and avoid capital gain taxes?
Asked on 4/22/07, 2:18 am
1 Answer from Attorneys
Anthony Smith
LawSmith
Re: buy/sell home between spouses
Perhaps the seller could avoid or reduce capital gaisn taxes by a purchase, such as you suggested. It would require more facts to determine the likelihood of this tax avoidance plan. Your accountant, or the person who prepares your tax return(s) may be able to tell you.
Good Luck
Answered on 4/23/07, 4:05 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
