trishedwards Edwards
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RE: Capital gains tax when property jointly owned husband/wife then only wife
I would like further confirmation that although a second property is in a sole name: in my husband and my case, it's in his name, we can sell it and choose to split the gain 50/50. We are being told by an accountant that before the sale of the property takes place we will have to have a deed of trust drawn up. The response I have just read does not imply this is necessary as husband and wife. Am I correct in this understanding?