QUESTION
Should we sell a house before or after the divorce.
Asked on Dec 28th, 2021 on Divorce - Nevada
More details to this question:
We want to do a mutual divorce should we sell our house before of after the divorce?
1 ANSWER
It is unclear what you mean by "mutual" -- uncontested? Joint petition? In either event, unless there is so much equity that it would make a difference for tax reporting (consult your CPA), it makes little difference, if you are inagreement, whethe the house sale is pre- or post-divorce -- just make sure the escrow instructins are crystal clear about who is to get what money. It might make sense for you to consult a family law specialist to be sure you are doing what you should be doing about that and all other assets.
Answered on Dec 29th, 2021 at 12:32 PM