Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

2
Posts
0
Votes

Selling duplex in divorce

Posted

My husband and I are divorcing. We are selling one of our duplex’s and splitting the equity. What is the beat way to go about beginning this process? What is the sellers market like? Any advice or warnings that I should keep in mind during this process?

Most Popular Reply

User Stats

13
Posts
6
Votes
Replied

You would pay less in taxes if he took a HELOC out, used it to write you a check for your half, and then you allowed him to keep the property rented or 1031 exchange into a new property at his convenience. If your name is on it together with his, you could Quit Claim deed it to him after you had your money, so he is sure no debtors could come after him for your interest.

Loading replies...