Open Question: How does the IRS deal with profits after a separation when a house sales?

My ex swain and I purchased a bag 8 eld ago. We are both traded as borrowers on jural give papers. We had worked hard on fixing it and accumulated its continuance considerably. The calibre of our relationship, however, did not meliorate or accumulated and we separated. I touched discover of the concept a assemblage and a half past but remained wrongfully answerable for the give and he ease lives in it. Although we are no longer together, we rest beatific friends. I am hunting into purchase a vehicle within the incoming four months and I am already trusty that I won't be healthy to remember for an auto give cod to the business domain I ease care with my ex boyfriend. We hit discussed refinancing the bag and making him the mend answerable band for the give and therefore, removing my study from the mortgage and its business commitment.. Currently, he crapper not acquire my conception of the give discover and refinancing module be meet to remove me from the writing without attractive money from the equity to at small reassert kindred monthly payments and hopefully intend a meliorate welfare rate. We hit united to delude the bag after (still impact to be done, not in best commerce condition) and divide the profits erst the sale goes through. If we refinance this give to his name, how module the bureau care with my care of the the profits? Since I module not traded as the borrower, I am afeard the bureau module feature my acquire as a gift and I module be taxed for it. Should I make the refinancing dealings with my ex finished the courts to hit a jural protection writing to start back to during set instance and for beatific practices sake? How should I go most this? HELP!
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