Skip to main content
Level 3
May 10, 2021
Question

home sale exclusion

  • May 10, 2021
  • 2 replies
  • 15 views

Client is divorced but has lived with x husband ever since the divorce ( 2009) . They have lived in the same home the whole time. They wan to sell the house that is in wifes name. If they get remarried before they sell the house can they take the $500k exclusion? 

 

 

This topic has been closed for replies.

2 replies

May 10, 2021

Yes.

But I'm fascinated at this situation.  Was the original divorce due to not liking each other, or was it just for suiting some other purpose (such as better tax outcome)?

qbteachmt
Level 15
May 10, 2021

🙂

Ha ha ha...this one made my day.

Don't yell at us; we're volunteers