Joint tenancy is old fashioned and dangerous

Joint tenancy is old fashioned and dangerous. Is tenants in common better?

Joint Tenancy is treated harshly for Capital Gains Tax. Speak to your accountant and financial planner before you buy real estate. Tenants in common may be a better way to hold the property.

Joint tenancy is old-fashioned and dangerous Joint Tenancy vs Tenants in Common Tenants in common: each owner holds their discrete share of the asset outright. It can be 20% and 80%. Or it can be 50% and 50%. Or it can be 34%, 6% and 60%. However, it must equal 100% when a tenant in … Continue reading Joint tenancy is old fashioned and dangerous. Is tenants in common better?