The Economic Times

If I sell my property jointly owned with my wife, can I buy the new one in my name for LTCG tax exemption?

ET Wealth Reader's Query: I jointly own a property with my wife, although it was funded entirely by me. If I sell this property, is it necessary to purchase the new property in our joint names to qualify for the Long-Term Capital Gains (LTCG) tax exemption, or can I purchase the new property solely in my name?