Atlanta, GA asked in Divorce, Family Law, Real Estate Law and Tax Law for Georgia

Q: My ex-husband and I purchased a home that I lived in 2 years after our divorce. Home was in his name only but it was

my primary residence for 4 years. We sold this year and he gave me 1/2 of the proceeds. How will I be taxed on this money according to real estate law?

2 Lawyer Answers

John Espinosa


A: This is a question for your accountant.

Homer P Jordan IV and Regina Irene Edwards agree with this answer

Homer P Jordan IV

  • Atlanta, GA
  • Licensed in Georgia

A: I agree with my colleague, this is a question you will need to discuss with an accountant. -Homer P. Jordan IV, Esq. 404-620-1558

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.