Transfers of property between spouses during divorce often occur without immediate tax consequences, but they can carry important implications for tax basis. This sprint explains how basis transfers work and why understanding them is essential when dividing assets. Participants learn how basis affects the future tax liability associated with selling an asset.

The session focuses on building a simple tracking system for property transfers so participants can monitor how ownership changes affect tax exposure. Participants review examples of how basis rules influence real estate and investment assets. By the end of the sprint, participants will have a clearer understanding of how property transfers may affect future tax outcomes.