1031 What name to buy property in?
We are in the middle of a 1031X. My husband and I were on the title and loan for the relinquished property. Do we both have to be on the title AND loan for the relinquished property? or can we be both on title and only one be on the loan. Does it matter? QI says we both need to be on both title and loan, lender says we can both be on title and only one on the loan. Our taxes are filed as married filing jointly. We live in CA. We will be buying in Florida and Indy.