What matters from the 1031 perspective is that your client use all of the proceeds from the sale and that they take title to at least as much real estate as their net sale.It's not uncommon at all for there to be a co-borrower who does not go on the deed. 

This way, you can potentially build equity over time and have more flexibility in renting out your unit in the future.Ultimately, it's important to do thorough research and consider your long-term investment goals before making a decision on whether to choose a condo or a co-op for your primary residence. 

You don't need a co-host, you just need a good cleaning service to handle turnovers. 

That person's credit is irrelevant, because the couple has met the income requirements and is basically acting as a co-signer for the other occupant. 

Depending on how everything looks you may want to see if they have a co-signer to ensure someone with income is able to back their play..if no one is willing to do that...there may be a reason. 

It may also be beneficial to require a co-signer for the lease, especially if the tenants are college students with limited credit history.When writing up the lease, clearly outline the rules and expectations for the property, including noise levels, guest policies, and maintenance responsibilities.

Which is a great goal if you’re planning to scale a portfolio or start a co-hosting or property management business like I did.  

As a hypothetical example - If I engaged you for legal services and made you a co-gp for those services.

One potential way to structure a scenario where a long-term tenant of a single-family home can receive homestead exemption is for the homeowner to designate the tenant as a co-owner or co-borrower on the property.

So I’m highly considering to have a coed situation.