- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Yes, you should absolutely seek local legal counsel for this matter.
See https://www.avvo.com/estate-planning-lawyer.html
The annual exclusion for a non-citizen spouse, however, would be $164,000 (for 2022) and would be the amount over which would impact your lifetime exemption.
On the other hand, I do not see much liability in the form of income tax unless the property is highly leveraged.
‎February 24, 2022
3:38 PM
2,379 Views