Divorce Settlement

[Consultant]

Husband has Rental Properties with hundreds of thousand in equity. Simply, to keep the properties
he obtained loans for half a million plus for the final settlement. I do not have all the particulars
but would this be taxable to the spouse in any way?

[Lion]

[New York Enrolled Agent]

Husband has Rental Properties with hundreds of thousand in equity. Simply, to keep the properties
he obtained loans for half a million plus for the final settlement. I do not have all the particulars
but would this be taxable to the spouse in any way?

Think it would be a good idea to get those particulars and post them in order to get a set of answers.