Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
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 5 days ago,

User Stats

453
Posts
365
Votes
Noah Laker
  • Real Estate Broker
  • Sacramento, CA
365
Votes |
453
Posts

TAXES: Divorced client wants to sell

Noah Laker
  • Real Estate Broker
  • Sacramento, CA
Posted

I'm a broker and property manager in Sacramento with 100+ Airbnb properties in my portfolio. Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the community.

Managing a property for a client who divorced her domestic partner last year. Now she wants to sell the property, which is solely in her name. It is an investment property, and does not meet the qualifications of being her/their primary. 

They bought the property together and the client wants to share the sale proceeds with the ex-partner. She suggested she might have to add the ex to title before closing. This sounds like an unnecessary and potentially problematic step. What's the best way to proceed? Would the Title company be able to sort this out without doing any title work? 

Loading replies...