Return to article: How to Buy a Home With a Friend or Partner
on 5/26/2008 Check out www.podproperty.com.au - they are an Australian service which provides free advice on co-ownership, co-ownership agreements, group finance and conveyancing for tenants in common.
on 11/22/2005 Keep records of who pays the mortgage, property taxes and capital improvements. These figures are needed when you file annual income tax returns and to determine capital gains when the home is sold.
on 11/22/2005 This is a mine field. Get good legal advice before entering into an equity-share agreement. Don't skimp. Generally, this is a very poor way to hold title to a property unless it is done as a project to make money with a beginning, a middle and an end.
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