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  • Re: I'm selling my house to my spouse. He is using some of the equity as his downpayment. It's a gift from me to him. Is there a penalty/tax for either of us at some point?
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Anonymous_
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Deductions & credits

There are no tax consequences for gifts between spouses, but you should consult with local legal counsel.

 

See https://www.avvo.com/divorce-separation-lawyer.html

‎October 2, 2023 7:16 AM
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