---

Do I need to pay taxes for interspousal transfer?

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
Samguy Guest	Posted: Tue Sep 02, 2008 1:56 pm    Post subject: Do I need to pay taxes for interspousal transfer? Like 0 Dislike 0 My wife and I purchased a house when we were married. Now we are divorced and under our mutual agreement, I want to transfer my interest in the property solely to her. What should we do, quit claim deed or interspousal transer? Also, would this be considered a gift for any tax purposes? Would there be any taxes or fees other than regular property taxes and paperwork fees?
sweeney Community Expert Joined: 20 Jul 2008 Posts: 131 25.11 Dollars($)	Posted: Tue Sep 02, 2008 6:08 pm    Post subject: Like 0 Dislike 0 Hello and welcome to the forum. A quit claim deed will remove your name. I am not familiar with an interspousal transfer, so I don't know what that entails. I can't help you on the tax questions, I think you should talk to a CPA. Good luck. _________________ Mike Sweeney LionSaves.com - refinance debt views expressed on this forum are my opinion as a mortgage professional, not legal advice
liaoyu03 Joined: 09 Sep 2007 Posts: 166 4.48 Dollars($)	Posted: Tue Sep 02, 2008 8:37 pm    Post subject: Like 0 Dislike 0 [System detected duplicate content, converted into image. Thanks.]

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0