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Updated about 8 years ago on . Most recent reply

User Stats

107
Posts
47
Votes
Derek Okahashi
  • Realtor
  • Mililani, HI
47
Votes |
107
Posts

1031 into Husband's Home?

Derek Okahashi
  • Realtor
  • Mililani, HI
Posted

My coworker has a SFH that is negative cash flowing but that has appreciated to give her about 90k in equity. She married recently and her husband already had a home that is more valuable than her rental property. Can she 1031 into her husbands home by taking that 90k and adding her name to his note? Any other creative ideas?

Hoping to get her to join BP as a result of this discussion. @Chris Mason prob knows the answer already...?

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