What to Do with a Second Home in a New York Divorce: 4 Options Explained

What should you do with a second home in a New York divorce — sell it, buy out your spouse, co-own it, or use it as an asset offset? How do taxes, market value, and mediation affect your best option?

See the 4 options and the recap table we built for you.

About the author: Carmen Rodriguez mediated over 500 cases in the following subject areas: Matrimonial matters including Divorce, Custody/Visitation, Surrogate's Court, Personal Injury, Employment, Wage & Hour, ADA, Business Disputes and Real Estate matters. Special Master on the New York State Supreme Court Appellate Division Second Department Roster of Mediators. On numerous New York State Supreme Court Mediation, Surrogate’s Court, family Court and Federal Court panels.