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From: Matthew Lamberth
I'm about to buy my first IP. I want to put the IP 99% in my name and 1% in my wife's name as she is working, but not paying tax ( she is working for the Air Force Resveres, so it is legal, in case anyone is wondering). My problem is we have to get the loan in both names to be able to get enough money, but where do I put in the % ownership status???? I hope I have explained my self well enough. Hope to hear from anyone who knows.
I'm about to buy my first IP. I want to put the IP 99% in my name and 1% in my wife's name as she is working, but not paying tax ( she is working for the Air Force Resveres, so it is legal, in case anyone is wondering). My problem is we have to get the loan in both names to be able to get enough money, but where do I put in the % ownership status???? I hope I have explained my self well enough. Hope to hear from anyone who knows.
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