Hi, I am currently purchasing my 3 IP, this will be my first IP with my partner, it will be in joint names, I am drawing some equity from my 2 IP to do this and have to refinance the loan, the bank has put the new loan for IP 2 in joint names but the title and everything is in just my name, how is this going to go come tax time when claiming interest etc?
Hope that makes sense thanks in advance.
Hope that makes sense thanks in advance.