QUESTION
Does the property stay separate in case of a divorce?
Asked on Jun 28th, 2017 on Divorce - Washington
More details to this question:
If I have a rental property prior to marriage (rental agreement in hand) and rental income covers mortgage, property taxes, maintenance, and property management fees (no effort/cost to me). Does taking a tax break from the mortgage interest transmute the property to marital/community property?
1 ANSWER
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No. The marriage received a benefit, but the character of the property did not change. That doesn't mean the court can't consider it in the division of property.
Answered on Sep 18th, 2017 at 7:56 PM