Updated about 18 years ago on .
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1031 Question
My parents co-signed a mortgage to help me get a better rate when I bought a condo, and are on the title. Now I'm doing a 1031 exchange and dont want them to be on the title for the new property or have any tax problems.
My question is should I have them quit claim deed it to me before the exchange or after since I have to have the same owners listed during the 1031.
I appreciate any help.
Jason