@Opus 17 wrote:
The name on the deed also does not matter when it comes to selling the home.
@mpalaciosg77 What Opus 17 said is true, provided that you are both still alive, still married to each other, and still both living in the home. It might be many years before you sell. Things can change, and unexpected things can happen. There are a lot of detailed rules about the exclusion of gain from selling a home. You have to consider possible future tax consequences, not just the tax consequences this year. Consult a local tax professional.
