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vacation home and divorce

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gp2005

Junior Member
What is the name of your state?What is the name of your state? Delaware

As a result of separation and probable divorce, we are transfering ownership of primary home to my wife and vacation home to me. If I sell the vacation home before living there for two years would I not qualify for the $250,000 capital gains exclusion?
 


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HomeGuru

Senior Member
gp2005 said:
What is the name of your state?What is the name of your state? Delaware

As a result of separation and probable divorce, we are transfering ownership of primary home to my wife and vacation home to me. If I sell the vacation home before living there for two years would I not qualify for the $250,000 capital gains exclusion?
Click to expand...
**A: post ion the Tax Law forum and do not be disappointed with the response.
 
S

seniorjudge

Guest
HomeGuru said:
**A: post ion the Tax Law forum and do not be disappointed with the response.
Click to expand...
I respectfully disagree: don't bother posting.
 
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