Co-owned Real Estate

swimcatsmom
Sat, 16 Feb 2013 10:03:08 +0000

+another 1 to sylvan

I want to do this right, but in the end, that money is not available to us without consent of the other owners.

That does not matter to FAFSA. It is the same when a child/parent has a trust fund they can’t yet access, FAFSA still treats it as an asset and requires that it be reported. As others have said, banks/appraisers/CPAs generally don’t know anything about FAFSA.