It's better to have a list that would cause you the least amount of complications on the closing process.

You are making this more complicated by trying to fit each square idea into a round hole.Real Estate comes in two flavors.

I could not live or rent my apartment for 5 years due to mold issue caused by the building. Building finally resolved and remediated it this year and now i am selling the property. Can it still qualify for 1031 becaus...

They saved up money, bought a nice house in a local neighborhood they believed in, they rented it out over and over again, and learned from their mistakes.Don't make it so complicated.

@Farnaz Z. so... it's complicated.

If there were any written agreements between the developer and either realtor, the terms of those agreements would come into affect not that complicated.

Namely, these 2 key bits...(1) Even tho the ownership test is only required of 1 of 2 spouses, the residency test is required of BOTH spouses if filing jointly, which we were planning to do.... yet my wife did NOT live in the house during the past 5 years, which means that we'd have to file separately and will definitely complicate things quite a bit, but if it's worth it.... then, well, it's worth it!!

I understand this is a complicated process, but I’m excited for the challenge.

This is not complicated folks, what happens as affordability to OWN your home decreases?

Such a complicated approach to a relatively easy situation.Definitely think that paying off the mortgage is pointless if he's just getting another.