Message Font: Serif | Sans-Serif
No. of Recommendations: 1
Then when the dust settles he can reap the rewards of DIY estate planning, the gift that keeps on giving, and hire someone to see if (s)he can come up with a theory through which they can say the profit was entirely his.

That's pretty much my take on it too. He's always one to save a nickel and end up spending a dollar.

They only need one name and SSN

Both names are on the deed, so they are insisting that both names be listed on the document as well. Having read through all the relevant IRS docs I can find, I don't find anything that allows her to exclude, but I thought I'd ask and see if anyone else had any theories.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.