151 - Spousal property transfers as a tool to boost tax deductions episode artwork

EPISODE · Jul 21, 2024 · 22 MIN

151 - Spousal property transfers as a tool to boost tax deductions

from Money Madams

In this episode we cover a couple of strategies to increase tax deductible debt when upgrading the family home via the use of a spousal transfer strategy. When most of us think about this type of scenario, we think of splitting assets when relationships end. Fortunately this strategy is for happy couples wanting to go from single ownership to joint ownership and improve tax deductions. Even better is that in many states this can be done with no or minimal stamp duty consequences. So tune in and learn a little more about what is involved and remember, this particular type of strategy will need several professionals involved to pull it off, so get professional advice before you do!  

Episode metadata supplied by the publisher feed · Published Jul 21, 2024

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151 - Spousal property transfers as a tool to boost tax deductions

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