The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/this-is-not-the-board-to-get-personal-so-31011135.aspx

Subject:  Re: Avoid Tax Problem with House Date:  12/8/2013  12:28 PM
Author:  YewGuise Number:  119665 of 121585

This is not the board to get personal, so apologies in advance, but:

suppose I sell her half the house... is good, but what would be even better, IMHO, is if you both sell your respective houses and go find a 3rd house to buy together. That would be very clean tax-wise, but the real reason I recommend it is because I know a lot of couples where one moved into the other's house, and the newcomer never really felt at home.

So whereas Phil, in your gf's shoes, wouldn't spend a penny without being on the title first; I, in your gf's shoes, wouldn't move into your house at all.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us