To develop Rh-catalyzed dehydrocoupling for stereocontrolled synthesis of P−P bonds, we prepared potential intermediates, chiral rhodium phosphine-phosphido complexes, and investigated their stoichiometric and catalytic transformations. Treatment of [Rh(diphos*)(COD)][X] with the bis(secondary phosphine) IsHPCH 2 PHIs (1, Is = 2,4,6-(i-Pr) 3 C 6 H 2 ) gave the cations [Rh(diphos*)(IsHPCH 2 PHIs)][X] (diphos* = (R,R)-Me-DuPhos (2), (R,R)-i-Pr-DuPhos (3), or (R,R)-Me-BPE (4); X = BF 4 or OTf) with high diastereoselectivity as single C 2 -symmetric diastereomers. Deprotonation of 2−4 with NaN(SiMe 3 ) 2 yielded phosphine-phosphido chelates Rh(diphos*)(IsHPCH 2 PIs) 5−7 with high diastereoselectivity. Thermolysis of 5−7 in toluene at 90 °C caused isomerization to give Rh(diphos*)(IsMeP-PIs) (8−10) as mixtures of diastereomers. Under catalytic conditions, Rh-DuPhos precursors slowly converted 1 to a mixture of diastereomers of its isomer, the unsymmetrical diphosphine IsHP-PMeIs ( 12). We propose a possible mechanism for the isomerization and discuss its relationship to dehydrocoupling catalysis.