Fact: The separation date is end of 2019, the house value by then was 1.6M, current house value is about 1.8M. Started from SD, other party moved out, didn't pay for any mortgage, property tax and any projects around the house. Other party has also signed the deed quit form when I did refi on 5/2020. Now I am the only name on deed and mortgage.
Question: When should be the date to be used for house value? If it is current market value, what am I entitled to for reimbursement? The arguement the other pary makes is "If putting the house for rent, it will produce $3500/mon income, that means I take $900 (- mortage - property tax) profit all by myself, I actually owe him $450 theriodocally speaking. Is this true?
Thanks a lot in advance for your insight, really appreciated!
