Updated about 4 years ago on . Most recent reply
Can I sell a property to my spouse
Hello everyone,
I found a 4plex I am interested in and a lender that would accept a 5% down payment, however the seller wants to carry a note on the property for 6 months and she wants me to put down 25%, this is a large amount that I do not want to tie down right now. I am getting married in 2 months, is it possible to purchase the property while I am still single and sell it to my spouse in March next year so he can put the 5% down that he was pre approved for ? We currently live in different states and plan to file our 2021 taxes separate.