I tweaked an agreement Tim had sent me to fit my situation.

Curious on what kind of response these two options get from others and what others would consider more attractive in their own situations and why.

We’re in a bit of a tricky situation here unfortunately.

My question is: since we are both already on title, which of the following best describes our situation:  (Note: no money is being exchanged and he will not be living in the property) A gift among family members where no money is exchanged A transfer among family members where only nominal consideration is given 

I'm looking for thoughts and advice on a situation. 

@Timothy ConnollyThe 1031 is not the tool for every situation.

From my comfy armchair, I can see how today’s situation in Kiev - far enough removed from the war areas, and being the economic and cultural center - could be attractive to those who know their way around the local bureaucracy to not have to pay an “overhead” under the table at every turn.I can see how the deeply devalued Ukrainian currency can make the purchase potentially even more attractive.

Mark Welp While I do not invest in seconds - if I was in this situation I would be worried.

It may be a distressed property or some other "must sell" situation where the seller's needs are best served by it.It's not necessarily a "use it anywhere" strategy.For example, you might use it to prevent a foreclosure - bring the payments current and make the payments going forward in return for them conveying title to you or your entity.

absolutely there is always a situation where a subject will work We are currently working on one now where by the owners sale fell through and he needs to move on with some cash in his pocket He would just about break even from a sale so a subject to would work for him.