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.

Every situation is different... but if those POHs are busted up the park is worth only a fraction of what he is asking.

And now with rates being high, plus many areas overbuilt with new apartment buildings, I’d be careful with unknown areas, and also what you read in the media about “hot” areas, up and comers, etc.I was in a similar situation to yours a couple years ago.

However, you can likely sell all the properties in the required timeline to do the 1031k, although that will take some effort/cooperation between multiple buyers/brokers, considering the separate markets.  

Hey Jason and Rene, I have rezoned multiple properties in Denver and the surrounding cities.

I could very well see people taking advantage of people in this situation, which would be a terrible thing to do.

I have also seen appraisers recognize that multiple ADUs by rule does not qualify for conventional F/f financing.  

Obviously, no one wants another 2008 situation, but I think easing up on the regulations a bit could be great for both investors and people buying homes.

Bit of a wild situation here, at least to me and my lender; maybe it is more common than we think, not sure honestly.

If you've been in similar situation, have you found it brings an issue down the road with future tenants or current?