I have a question regarding equal distribution of properties, where me and wife are separated right now. Below is the situation.
I purchased my house with bank mortgage in 2015.
She purchased her own house from a private party in 2016 with monthly down payments.
We’ve got Married in 2018. After Marriage in 2018:
We decided to sell her house and she move in my house. (Now Marital house).
I had an equity of about 10k in my house.
She had an equity of 15k in her house.
After selling her house, She received a lumpsum money in Check format and deposited into her individual checking account.
We decided to Pay off my house or our current marital home.
I transferred $10k from my individual checking account to her checking account. We combined all the money together (the check that she received after selling her house +10k equity I had +10k additionally I put into her checking account) and pay off the my house (Marital house). The check was made from my name to pay off the mortgage company, since the mortgage of my house(marital house) was only my name. While doing that I put her name on the deed of the house as well. Now we both hold the title or deed of the house.
We’re Separating now.
My question is, the money that she put into the house, is it considered to be comingled for marriage or not.
If I were to keep the house. I need to give her half of the current value for the house, right? or does she gets her money back?