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Updated over 17 years ago on . Most recent reply

Jason Becher's profile image
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Jason Becher
  • Member since Jan 29, 2008
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Jason Becher's profile image
Jason Becher's profile image
Jason Becher
  • Member since Jan 29, 2008
Connect
Jason Becher
3
Votes |
33
Posts
1031 Exchanges

1031 Question

Jason Becher
Posted

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

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