I recommend that you learn the tax code and take ownership over your strategy.Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.In my experience, every single business owner who says "I just let my CPA worry about it and I focus on my business" is doing a suboptimal job at tax planning.They are likely missing out on 10s or hundreds of thousands in saved dollars every year.Stop making excuses and get to work.Just a few months of part-time learning about taxes will pay you for the rest of your career.

You may find that you can rent a much nicer condo compared to what you would pay on a mortgage for the same number.

So they can do a 1031 only on their portion. 

If it stays beyond what's paid for either move it to a storage area on your land and keep track of storage fees or see if you can have someone tow it offsite for you and in that case they will have to pay whatever fee the tow yard charges. 

@Colleen Sutherland Congrats on your first house hack, sounds like you're already learning a lot about ownership in properties and looking for your next deal.

If there is little to no equity, the borrower may not be able to sell the property on the open market because it would require cash at closing. 3.

They have a person that sounds legitimate lined up.

You need to disclose it either way, why pass on something you know is bad to the next person?

The IDF gives me a lot of inspiration on how to deal with gurus! 

@Jerome NunezYou will not be able to remove your name from the mortgage as if your name is on it the lender underwrote it based on you and will not let someone else assume it.