Search results

It is the transfer document where the ownership is specified - JT or TIC and if TIC what percentages. The transfer determines what goes on title. Seek legal advice before deciding on what ownership structure to use. Joint tenants has some asset protection risks such as - A dying just before...

Sounds like you are confusing contracts with titles with loans. Legal owner of the property gets the income and claims the deductions - unless some sort of trust or partnership relationship. All owners must go on the loan or guarantee the loan. Non owner spouses can go on the loan, even...