The reactions of (HOCH2)2P(C6H4)P(CH2OH)2 (HMPB) and P(CH2OH)3 (THP) with RhCl3.xH2O in aqueous media gave water-soluble complexes cis-[RhCl2{eta2-(HOCH2)2P(C6H4)P(CH2OH)2}2]Cl (3) and fac-[RhCl3(P(CH2OH)3)3] (4) respectively in good yields, X-ray crystal structures of 3 and 4 confirmed their molecular constitution. These reactions provide the first examples demonstrating the kinetic propensity of hydroxymethyl phosphanes to stabilize Rh in +3 oxidation state in water.