E price. What you’re left will be shared between you and your soon to be ex. Next, you must examine whether you were able to write or defer more cash from the sale. If so, you may need to pay tax on capital gains.
What happens if one Party Controls the House?
The scenario is that both of you have made an agreement to dispose of your house and divide the proceeds. If you decide that you both should remain in the house, things can get more complicated. If you are advised that you keep the property then you need to decide if you can afford to do the same on your own. If your spouse permits you to retain the home, they may want their share of the equity. It is essential to find a method to get the money you require, even if you’re not planning on selling your property. This may include selling the assets you’ve received as part of the split estate.
The majority of divorced spouses choose to market their homes. It’s much easier to do so.