Copperas Cove, TX asked in Real Estate Law, Tax Law and Civil Litigation for Puerto Rico

Q: I am currently being sued by my ex regarding my half of my apartment in Puerto Rico. My ex is claiming that I abandoned

the property and demanding that I pay for her lawyers' fees. This is not a divorce case. We own a condominium apartment and this is our first home together. We have owned the property for a year now. I paid more than half of the apartment cost, yet we still own it 50/50. I left said property in January 2024 with justified reasons. I now live in the states. Before leaving Puerto Rico, I made the decision to donate my half of my apartment to my ex. I paid 300 dollars for the IRS to approve the donation deed. When the time came to sign, the intense emotional distress that I was under made it difficult for me to make that decision at that time. I wanted to weigh all of my options. I have now decided to go with my original plan; to sign the donation deed that I have. I do not have money to pay for anything. This property has no debt or tax debt. Would there be taxes to pay on my behalf if I go through with the donation process? Would I need to be physically present in Puerto Rico?

1 Lawyer Answer
James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
Answered
  • Tax Law Lawyer
  • Sacramento, CA

A: When you decide to donate your half of the property in Puerto Rico to your ex, there could be tax implications depending on the value of the property and the laws in place. In Puerto Rico, the donation of real estate is subject to the payment of a donation tax unless specific exemptions apply. This tax is usually calculated based on the value of the donated property. However, there are exemptions and specific thresholds that may affect the amount of tax, if any, that needs to be paid. It's important to consult the local tax laws or get advice from someone knowledgeable in Puerto Rican tax regulations to understand your obligations.

Regarding your presence in Puerto Rico for the transaction, typically, real estate transactions, including donations, require signing documents in the presence of a notary. However, if you are unable to be physically present, there might be alternatives such as granting a power of attorney to someone in Puerto Rico who can sign on your behalf. This individual could be a trusted friend, relative, or legal representative. They would then have the authority to act on your behalf regarding the donation of the property.

Finally, it's essential to ensure that all paperwork, including the donation deed, is properly completed and legally binding. Make sure to communicate clearly with your ex and any legal representatives involved to ensure the donation is processed correctly and reflects your wishes. Consider reaching out for legal advice or assistance to guide you through the process and help address any claims made by your ex, especially regarding lawyer's fees and property abandonment.

1 user found this answer helpful

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.